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
RM290,000
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 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 for sale listings:

DateTypeBuilt-upPrice
15 Oct 2021Retail1,679 sfRM1,309,000
14 Sep 2021Shop-Office1,680 sfRM1,840,000
10 Jul 2021SOHO775 sfRM410,000
30 May 2021SOHO775 sfRM395,000
30 Apr 2021Office775 sfRM350,000
23 Apr 2021Office775 sfRM291,000
20 Apr 2021Office775 sfRM291,600
18 Apr 2021Office775 sfRM291,000
9 Apr 2021Office775 sfRM291,600
14 Apr 2021Office775 sfRM291,600

Latest Plaza Azalea for rent listings:

DateTypeBuilt-upRental
28 Sep 2021Office775 sfRM1,300
2 Sep 2021Office872 sfRM2,900
14 Jun 2021Office775 sfRM1,300
21 May 2021Office872 sfRM2,900
22 Mar 2021Office775 sfRM1,600
12 Mar 2021Office775 sfRM1,300
17 Feb 2021Office872 sfRM2,900
11 Feb 2021Office775 sfRM1,600
3 Feb 2021Office775 sfRM1,600
21 Jan 2021Office775 sfRM1,450
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