Plaza Azalea, Section 14, Shah Alam
Plaza Azalea (formerly known as SCP Centro) is a leasehold office building located in Section 14, Shah Alam. There are 245 units available at this project with built-up from 775 sf. It was developed by SCP Group with a launch price at about RM387 psf, and was completed in around 2014.
SCP Group is a medium-scale property development group, and it has built about 12 property projects in Malaysia. Other similar projects by the same developer are Bukit Damaisari, Damaisari, Damaisari, Flora Residency, KL Traders Square, Lido Residency, Seasons Garden Residences, The Birch, Traders Garden and Traders Square.
This office building has some amenities nearby, e.g. hospitals and schools. The following are some hospitals here:
- Avisena Specialist Hospital
- Ijn Selgate Hospital
As for schools, there are Dwi Emas International School and SMK Seksyen 11.
The current rental yield of Plaza Azalea is around 4.5%, compared to 5.0% a year ago in Q1 2020. The highest rental yield ever recorded was 5.61% in Q2 2019; while the lowest one was 3.75% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
Latest Plaza Azalea for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 2 Jan 2021 | Office | 775 sf | RM373,000 |
| 3 Dec 2020 | Shop-Office | 1,680 sf | RM1,840,000 |
| 19 Nov 2020 | Office | 775 sf | RM360,000 |
| 24 Oct 2020 | Office | 775 sf | RM350,000 |
| 24 Oct 2020 | Office | 775 sf | RM355,000 |
| 20 Oct 2020 | Office | 1,388 sf | RM780,000 |
| 20 Oct 2020 | Office | 775 sf | RM360,000 |
| 15 Oct 2020 | Office | 775 sf | RM395,000 |
| 24 Sep 2020 | Retail | 1,679 sf | RM1,308,600 |
| 14 Sep 2020 | Retail | 1,679 sf | RM1,454,000 |
Latest Plaza Azalea for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 25 Nov 2020 | Office | 775 sf | RM1,300 |
| 6 Nov 2020 | Office | 775 sf | RM1,300 |
| 20 Oct 2020 | Office | 775 sf | RM1,600 |
| 20 Oct 2020 | Office | 775 sf | RM1,600 |
| 14 Oct 2020 | Office | 775 sf | RM1,400 |
| 9 Oct 2020 | Office | 775 sf | RM1,200 |
| 8 Oct 2020 | Office | 775 sf | RM1,400 |
| 7 Oct 2020 | Office | 775 sf | RM1,300 |
| 17 Aug 2020 | Office | 872 sf | RM2,900 |
| 14 Jul 2020 | Office | 775 sf | RM1,600 |
Lack of parking space. But still a good business building in Shah Alam complete with amenities