Property Review

Ritma Perdana, Double-Storey Terrace House @ LBS Alam Perdana, Puncak Alam

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

LBS Bina Group

Location

Puncak Alam, Selangor

Type

Landed House

Price

RM619k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM619,000 entry point for double-storey terrace houses in Puncak Alam, the pricing is competitive for the landed property segment in this corridor, though lack of transparency on exact specifications and completion timeline limits valuation certainty.
  • **Location & Connectivity**: Puncak Alam offers suburban accessibility via federal routes and major highways (KLIA Expressway, Federal Highway), but the absence of nearby MRT connectivity and distance from Kuala Lumpur's core business districts may limit appeal for commuters seeking rapid transit options.
  • **Risk & Timing**: Incomplete disclosure of tenure type, completion date, and developer track record history presents execution and legal clarity risks; the project's maturity stage and market absorption timeline should be verified before commitment, particularly in a saturated landed housing market.

NewProjek Score

5.8

Moderate

  • Developer verification status not confirmed
  • Priced 13% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM619,000
Selangor MedianRM550,000
Priced 13% above area median

Selangor — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,000–2,700

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

5.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Cassia Residence @ Laman View, CyberjayaCyberjayaRM319kNew Launch
IOI Rio City

IOI Properties

PuchongRM320kUnder Construction
Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, SelangorKlangRM329kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Puncak Alam, Selangor
  • By LBS Bina Group

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.