Plaza Azalea, Section 14, Shah Alam

Plaza Azalea (formerly known as SCP Centro) is a leasehold office building that is located in Section 14, Shah Alam. There are 245 units available at this property with built-up from 775 sf. It was developed by SCP Group with a launch price at about RM387 psf, and was completed 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, Flora Residency, KL Traders Square, Lido Residency, Seasons Garden Residences, Somerset, The Birch, Traders Garden and Traders Square.

Property Type
Office Building
Land Tenure
Leasehold
Built-up
775 sf
Market Price
RM400,000
Total Units
245 Units
Completion Date
2014
Developer
Launch Price
About RM387 psf

This office building has some amenities nearby, e.g. schools, hospitals and universities. The following are some main schools here:

As for hospitals, there are Avisena Specialist Hospital and Ijn Selgate Hospital. There are also some universities here, such as Rich Talents International College and Seremban Sigamat Behind Tafe College.

The current rental yield of Plaza Azalea is around 6.58%, compared to 4.74% a year ago in Q2 2020. The highest rental yield ever recorded was 6.58% in Q2 2021; 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 sale listings:

DateProperty TypeBuilt-upPrice
20 May 2024Office775 sfRM299,000
18 May 2024Office775 sfRM299,000
21 Nov 2023Office775 sfRM399,000
13 Nov 2023Office775 sfRM400,000
13 Nov 2023Office1,550 sfRM800,000
13 Nov 2023SOHO775 sfRM400,000
13 Nov 2023SOHO775 sfRM400,000
13 Nov 2023Office775 sfRM400,000
31 May 2023Shop-Office1,680 sfRM1,840,000
2 May 2023Office775 sfRM400,000

Latest Plaza Azalea rental listings:

DateProperty TypeBuilt-upRental
30 Nov 2023Duplex775 sfRM1,850
5 Dec 2023Office775 sfRM1,400
13 Nov 2023Office775 sfRM1,600
16 Aug 2023Office775 sfRM1,500
10 Jul 2023Office1,388 sfRM2,500
15 Jun 2023Office755 sfRM1,700
25 May 2023Office775 sfRM1,400
12 Apr 2023Office770 sfRM1,400
5 Apr 2023Office770 sfRM1,400
14 Mar 2023SOHO775 sfRM1,800
1 user comments on Plaza Azalea
Afnan
28 Dec 2020 @ 5:57 PM

Lack of parking space but still a good business building in Shah Alam complete with amenities