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, 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, hospitals and universities. The following are some main schools here:
- Dwi Emas International School
- Keedsflix Playschool Vista Alam
- SMK Seksyen 11
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:
|15 Oct 2021||Retail||1,679 sf||RM1,309,000|
|19 Oct 2021||Retail||1,679 sf||RM1,300,000|
|17 Oct 2021||Retail||1,679 sf||RM1,309,000|
|14 Sep 2021||Shop-Office||1,680 sf||RM1,840,000|
Latest Plaza Azalea rental listings:
Lack of parking space but still a good business building in Shah Alam complete with amenities