Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

LBS Bina Group

Location

Puncak Alam, Selangor

Type

Landed House

Price

RM619k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing of RM619,000 positions this project competitively within the landed property segment for Selangor, though value proposition depends on final built-up area and finishes not detailed here; pricing appears reasonable for a double-storey terrace but requires comparison with similar developments in the vicinity.
  • **Location & Connectivity**: Puncak Alam offers suburban living with proximity to commercial hubs, but the absence of nearby MRT connectivity may limit long-term accessibility and resale appeal compared to transit-oriented developments; road connectivity via federal routes and local infrastructure would be primary considerations for commuters.
  • **Risk & Timing**: Missing completion timeline and tenure specifications create uncertainty for investment planning and financing; this information gap, combined with the developer's track record assessment and current property market conditions, should be verified before commitment to ensure realistic timelines and tenure security (Freehold vs.

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 (Verified)

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%

Verified data 2021–2025

Price-to-Income

4.8x

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Established LBS Bina Group developer with strong track record
  • Strategic Puncak Alam location near Klang Valley growth corridor
  • Affordable double-storey terrace at RM619,000 entry price point
  • Proximity to commercial hubs and educational institutions
  • Strong rental demand and capital appreciation potential

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 the government, 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.