Ritze Perdana, Damansara Perdana

Ritze Perdana (also known as Ritze Perdana 1) is a leasehold mixed apartment & commercial development located in Damansara Perdana, Petaling Jaya. There are 997 apartment units available at this project with built-up from 382 sf to 634 sf for apartment units. It was developed by MK Land Holdings Bhd with a launch price of about RM250 psf for apartment units, and was completed around Nov 2006.

MK Land Holdings Bhd is a big-sized property developer listed on Bursa Malaysia, and it has developed about 27 property projects in Malaysia. Other similar projects by the same developer are Park Avenue and Ritze Perdana 2.

Property Type
Mixed Apartment & Commercial
Land Tenure
382 sf - 634 sf (Apartment)
Market Price
RM250,000 - RM380,000 (Apartment)
997 Apartments
Completed In
Nov 2006
Launch Price
RM250 psf (Apartment)

This mixed apartment & commercial development has some amenities nearby, i.e. schools and universities.

The current market prices for Ritze Perdana are from RM250,000 to RM380,000 (about RM650 psf) for apartment units; while the monthly rentals are from RM1,200 to RM1,500 (about RM3.14 psf) for apartment units. The highest median price psf ever recorded was RM821 psf in Q1 2015 (Apartment); while the lowest one was RM250 psf in Q1 2004 (Apartment).

The current rental yield of Ritze Perdana is 5.56% for apartment units. The highest rental yield ever recorded was 8.43% in Q2 2010 (Apartment); while the lowest one was 4.52% in Q1 2015 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Ritze Perdana for apartment units is Studio / 406 sf with a median price of RM650 psf. For price wise, the most expensive one is Studio / 406 sf with a median price of RM650 psf; while the cheapest one is 1-bedroom / 634 sf with a median price of RM600 psf.

Latest Ritze Perdana for sale listings:

02-Nov-19Condominium849 sfRM450,000
30-Oct-19Office1,100 sfRM510,000
22-Oct-19Office2,121 sfRM1,600,000
03-Oct-19Studio386 sfRM220,000
02-Oct-19Studio420 sfRM280,000
02-Oct-19Studio406 sfRM270,000
02-Oct-19Condominium406 sfRM255,000
02-Oct-19Studio406 sfRM225,000
02-Oct-19Condominium630 sfRM365,000
02-Oct-19Condominium635 sfRM450,000

Latest Ritze Perdana for rent listings:

11-Nov-19Studio400 sfRM1,000
11-Nov-19Studio500 sfRM900
10-Nov-19Studio406 sfRM1,250
09-Nov-19Studio382 sfRM1,200
07-Nov-19Studio406 sfRM1,350
05-Nov-19Studio382 sfRM1,000
05-Nov-19Condominium406 sfRM1,000
05-Nov-19Condominium635 sfRM1,200
05-Nov-19Studio382 sfRM1,200
05-Nov-19Condominium500 sfRM950

1 user comments on Ritze Perdana:

28 Aug 2019 @ 9:27 AM

Exterior well kept despite its age :)