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 to 872 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. schools and hospitals. The following are some schools here:
- Dwi Emas International School
- Ert Vokasional School
- SMK Seksyen 11
- SMK Seksyen Sebelas
As for hospitals, there are Avisena Specialist Hospital and Ijn Selgate Hospital.
The current rental yield of Plaza Azalea is around 5.0%, compared to 4.68% a year ago in Q1 2019. 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:
The most popular layout and size combination at Plaza Azalea is 775 sf with a median price of RM460 psf. For price wise, the most expensive one is 872 sf with a median price of RM630 psf; while the cheapest one is 775 sf with a median price of RM460 psf.
Latest Plaza Azalea for sale listings:
|14 May 2020||Commercial||775 sf||RM350,000|
|9 Mar 2020||Duplex||1,750 sf||RM390,000|
|11 Mar 2020||Office||775 sf||RM355,000|
|11 Feb 2020||Office||775 sf||RM263,000|
|25 Dec 2019||Office||900 sf||RM570,000|
|18 Sep 2019||Office||900 sf||RM570,000|
|15 Aug 2019||Office||775 sf||RM350,000|
Latest Plaza Azalea for rent listings:
|9 Mar 2020||Duplex||1,750 sf||RM2,000|
|4 Sep 2019||Office||900 sf||RM2,000|
|21 Aug 2019||SOHO||872 sf||RM2,000|