Azelia, Bukit Banyan
Azelia (also known as Azelia Elite) is a freehold landed housing estate located in Bukit Banyan, Bandar Amanjaya. There are 236 units available at this project with built-up from 1,650 sf to 2,642 sf. It was developed by Paramount Corp Bhd with a launch price of about RM120 psf, and was completed around 2014.
Paramount Corp Bhd is a large-scale property developer listed on Bursa Malaysia, and it has developed about 34 property projects in Malaysia. Other similar projects by the same developer are 96 Residences, Damai Residences, Indah Elite, Indah Residences, Indah Residences 2, Kemuning Utama Bayu, Kemuning Utama Palma, Saujana Villa, Sejati Lakeside and Sejati Residences.
This landed housing estate is not very ideal for own stay or investment, as it has no amenities around.
The current rental yield of Azelia is around 4.39%. The highest rental yield ever recorded was 4.39% in Q1 2021; while the lowest one was 3.79% in Q4 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Azelia is 5-bedroom / 1,800 sf with a median price of RM230 psf. For price wise, the most expensive one is 4-bedroom / 1,800 sf with a median price of RM390 psf; while the cheapest one is 4-bedroom / 2,642 sf with a median price of RM160 psf.
Latest Azelia sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 8 Oct 2021 | Terrace | 2,000 sf | RM400,000 |
| 8 Oct 2021 | Terrace | 2,000 sf | RM420,000 |
| 7 Aug 2021 | Terrace | 2,420 sf | RM470,000 |
| 6 Aug 2021 | Terrace | 2,420 sf | RM470,000 |
| 3 Aug 2021 | Terrace | 2,000 sf | RM448,000 |
| 27 Jul 2021 | Terrace | 2,429 sf | RM470,000 |
| 17 Jul 2021 | Terrace | 1,100 sf | RM420,000 |
| 17 Jul 2021 | Terrace | 2,200 sf | RM420,000 |
| 12 Jul 2021 | Terrace | -NA- | RM380,000 |
| 6 Jul 2021 | Terrace | 2,352 sf | RM415,000 |