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Ritze Perdana 2, Damansara Perdana

Ritze Perdana 2 is a mixed-development comprising of commercial shops and 2 condominium blocks by developer Usaha Hartamas. The leasehold condominium located in the sought after Damansara Perdana enclave is the sister development of Ritze Perdana 1.

Ritze Perdana 2 is equipped with abundance of facilities that include a swimming pool and a small gymnasium. Although the area is bustling with business expatriates, students and young executives, the condominium itself is rather quiet and vacant. The minimal number of residents ensures privacy and minimal noise pollution.

Being surrounded by hypermarket, luxury car show rooms, lifestyle restaurants, retail outlets, and up and coming building like PJ Trade Centre; Damansara Perdana eventually is going to be transformed into multi-national commercial center. The surrounding shopping malls include IKANO, IKEA, e-Curve, The Curve, Tesco and One Utama. These malls offer a variety of eateries, coffee shops and entertainment activities.

In terms of accessibility, there are several options available with easy access to the condominium. 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. From Penchala Link, there will be adjacent access to DUKE Highway that promises to reach Ampang in 20 minutes. Besides that, you can utilize Damansara-Puchong Highway (LDP) to reach Kepong, Kelana Jaya, Sunway, Subang Jaya 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
  • 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
  • Subsale Price: RM259,000 - RM650,000
  • Rental: RM1,000 - RM3,000

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 and coming township, in which majority of the residents are well educated young executives. These elite groups will eventually venture into their 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 at about 5 minutes of walking away to 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 affects 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 sister, mainly due to its close proximity to the shopping malls enclave of Mutiara Damansara and Metropolitan Square.

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