Ritze Perdana 2, Damansara Perdana

Ritze Perdana 2 is a mixed-development, that consists of commercial shops and 2 condominium blocks. The developer for Ritze Perdana 2 is Usaha Hartamas. The surrounding amenities includes IKANO, IKEA, e-Curve, The Curve, Tesco and One Utama.

Being surrounded by hypermarket, luxury car show rooms, lifestyle restaurants, retail outlets, and up coming building like PJ Trade Centre; Damansara Perdana eventually is going to be transformed into multi-national commercial center. Expatriates from different countries will be brought in for their special skill and knowledge.

In terms of accessibility, there are several options available. The fastest route to the city center would definitely be Penchala Link which is accessible within 2 minutes of driving and directs to Mont Kiara and Jalan Duta. Besides that, you can utilize Damansara-Puchong highway (LDP) to reach Kepong, Kelana Jaya, Sunway, Subang and Puchong.

Property Details

• Name: Ritze Perdana 2
• Address: Jalan PJU 8/1, Damansara Perdana, Petaling Jaya, Selangor
• Developer: Usaha Hartamas
• Completion Date: Early 2010 (estimate)
• Type: Condominium
• Tenure: Leasehold
• No. of Storey
  • Block A: 13 & 8 (268 units)
  • Block B: 10 (200 units)
• No. of Units
  • Block A: 268
  • Block B: 200
• Built-up: 420 – 849 sf
• Maintenance Fee: RM200
• Launch Price: RM350 psf

Facilities

• 24-hour Security
• Barbecue area
• Business centre
• Cafeteria
• Covered parking
• Gymnasium
• Squash court
• Swimming pool
• Wading pool

Market Trends

Analysis

Damansara Perdana has been known as an up-coming township, in which majority of the residents is well educated young executives. These elite groups will eventually venture into own business, and the service suite or commercial area will provide the affordable small office for start up businesses. The commercial areas of Ritze Perdana 2 can easily be converted into SOHO and serving the ever waiting young entrepreneur.

Comparing Ritze Perdana 2 to its predecessor Ritze Perdana 1, the former is better located which is just about 5 minutes walking away from Tesco as well as other amenities, commercial center, and eateries. Among all the condominiums development in Damansara Perdana enclave, Ritze Perdana 2 is located the closest to Mutiara Damansara commercial area.

By its presence, Ritze Perdana 2 will affect the price and demand of Ritze Perdana 1, due to the former’s freshness factor. In the long run, potential tenants would most likely opt for Ritze Perdana 2 instead of its older brother, mainly due to its close proximity to the shopping malls enclave of Mutiara Damansara and Metropolitan Square.