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.

Property Type
Office Building
Land Tenure
Leasehold
Built-up
775 sf
Market Price
RM290,000
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:

TarikhJenis HartanahBinaanHarga
15 Oct 2021Retail1,679 sfRM1,309,000
19 Oct 2021Retail1,679 sfRM1,300,000
17 Oct 2021Retail1,679 sfRM1,309,000
14 Sep 2021Shop-Office1,680 sfRM1,840,000

Latest Plaza Azalea rental listings:

TarikhJenis HartanahBinaanSewaan
21 Mar 2022Office775 sfRM1,499
28 Sep 2021Office775 sfRM1,300
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