The Azure, The Paradigm

The Azure (also known as The Azure Residences) is a leasehold apartment located in The Paradigm, SS7. There are 189 units available at this project with built-up from 766 sf to 1,005 sf. It was developed by WCT Land Sdn Bhd with a launch price of about RM1,000 psf, and was completed around 2017.

WCT Land Sdn Bhd is a big property development company held privately, and it has developed about 29 property projects in Malaysia. Other similar projects by the same developer are 1Medini Residences, Brio Residences, Medini Signature, Sapphire Paradigm, Skyz Jelutong and Waltz Residences.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
766 sf - 1,005 sf
Market Price
RM680,000 - RM960,000
Density
189 Units
Completed In
2017
Launch Price
About RM1,000 psf

This apartment has many amenities nearby, i.e. universities, hospitals, schools and metro transport stations. The following are some of the main universities here:

As for hospitals, there are Kelana Jaya Medical Center and Pantai Hospital Kl.

The current rental yield of The Azure is around 5.07%, compared to 4.04% a year ago in Q1 2019. The highest rental yield ever recorded was 5.76% in Q3 2019; while the lowest one was 3.55% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Azure is 1-bedroom / 781 sf with a median price of RM890 psf. For price wise, the most expensive one is 1-bedroom / 945 sf with a median price of RM1,020 psf; while the cheapest one is 1-bedroom / 766 sf with a median price of RM890 psf.

Latest The Azure for sale listings:

DateTypeBuilt-upPrice
04-Feb-20Condominium958 sfRM950,000
04-Feb-20Condominium1,077 sfRM1,000,000
04-Feb-20Condominium1,005 sfRM950,000
04-Feb-20Condominium959 sfRM850,000
23-Dec-19Condominium781 sfRM810,000
23-Dec-19Condominium766 sfRM799,000
23-Dec-19Condominium766 sfRM679,000
23-Dec-19Condominium790 sfRM700,000
23-Dec-19Condominium958 sfRM888,000
23-Dec-19Condominium959 sfRM799,000

Latest The Azure for rent listings:

DateTypeBuilt-upRental
29-Mar-20Condominium946 sfRM3,550
29-Mar-20Condominium946 sfRM3,550
29-Mar-20Condominium1,008 sfRM3,550
29-Mar-20Condominium1,008 sfRM3,550
28-Mar-20Room In Apartment-NA-RM1,300
15-Mar-20Condominium1,181 sfRM3,900
15-Mar-20Condominium959 sfRM3,000
15-Mar-20Condominium800 sfRM2,000
15-Mar-20Condominium770 sfRM2,700
12-Mar-20Room In Apartment-NA-RM1,200
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