Plaza Azalea

Plaze Azalea (formerly known as SCP Centro) is a leasehold SoHo development located at Shah Alam, Selangor. This project was located at the heart of Shah Alam business district where it was offers duplex flexi offices with added benefits. This development was developed by SCP Group which this group is a Malaysian developer with 100% performance track record and build malaysian development with high potential for returns. Plaza Azalea is a Small Office Home Office (SoHo) concept residential area that featured the highest standard in business ready premises at exceptionally affordable prices; with this unique space that give the buyers to have the freedom to play where they works. This development is ideal choices for entrepreneurs and business owners seeking to establish premises in a centralised location. Plaza Azalea are strategically positioned base of operations with fully realised infrastructure and a host of business support networkd in place and it was located at the core of Shal Alam Central Business District (CBD) where banks, administrative centers and other key amenities are all within easy reach. For the public amenities there also included DEMC Specialist Hospital, Avisena Specialist Hospital, Ijn Selgate Hospital, Banks (Bank Islam, Affin and Maybank), Anggerik Mall, Grand Bulewafe Hotel, Jabatan Audit Negara, Hentian Bas Bandar Shah Alam, Shah Alam city center (SACC mall), Plaza Alam Sentral and Kompleks PKNS Shah Alam. And for the developments nearby to this project are Centro, Studio Fourteen, Section 14, Vista Alam and Menara MRCB. For the education school are included Dwi Emas International School, Ert Vokasional School, SMK Seksyen 11 and SMK Sekyen Sebelas. Besides that, there are also easy accessible via various highways to the area which is Federal highway, New Klang Valley Expressway (NKVE), Shah Alam Expressway (KESAS), Guthrie Corridor Expressway (GCE), North-South Expressway Central Link (ELITE) and Kemuning Shah Alam Highway (LKSA). Facilities featured in this development are included business center, multi function hall, gymanasium, swimming pool, poolside cabana, pool deck, fiber optic backbone and surau for female & male. Plaza Azalea are consisting one block of building with 20 storeys that offered 245 units in this development. For the built up size are ranging from 775 sq ft wih the launch price at about RM387 psf. The current market prices for Plaza Azalea are from RM360,000 (about RM460 psf); while the monthly rentals are from RM1,500 to RM3,300 (about RM1.94 psf). The highest median price psf ever recorded was RM660 psf in Q2 2017; while the lowest one was RM387 psf in Q1 2012. The current rental yield of Plaza Azalea is around 4.71%, compared to 5.14% a year ago in Q3 2018. The highest rental yield ever recorded was 5.61% in Q2 2019; while the lowest one was 3.75% in Q3 2017. Projects around the area that might be worth checking out include 50 Residensi, 591 Damansara SA, Acacia Subang, Acappella Residences, Akasia Apartment @ Setia Alam and Alam Budiman.