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.

Property Type
Office Building
Land Tenure
Leasehold
Built-up
775 sf
Market Price
RM360,000
Density
245 Units
Completed In
2014
Developer
Launch Price
About RM387 psf

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

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:

DateTypeBuilt-upPrice
2 Jan 2021Office775 sfRM373,000
3 Dec 2020Shop-Office1,680 sfRM1,840,000
19 Nov 2020Office775 sfRM360,000
24 Oct 2020Office775 sfRM350,000
24 Oct 2020Office775 sfRM355,000
20 Oct 2020Office1,388 sfRM780,000
20 Oct 2020Office775 sfRM360,000
15 Oct 2020Office775 sfRM395,000
24 Sep 2020Retail1,679 sfRM1,308,600
14 Sep 2020Retail1,679 sfRM1,454,000

Latest Plaza Azalea for rent listings:

DateTypeBuilt-upRental
25 Nov 2020Office775 sfRM1,300
6 Nov 2020Office775 sfRM1,300
20 Oct 2020Office775 sfRM1,600
20 Oct 2020Office775 sfRM1,600
14 Oct 2020Office775 sfRM1,400
9 Oct 2020Office775 sfRM1,200
8 Oct 2020Office775 sfRM1,400
7 Oct 2020Office775 sfRM1,300
17 Aug 2020Office872 sfRM2,900
14 Jul 2020Office775 sfRM1,600
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