KUALA LUMPUR (April 29): Sime Darby Property Bhd has achieved a 100% take-up rate for The Corak freehold commercial hub at the Serenia City township in Sepang, according to a press statement issued on Monday. The Corak is the township's first commercial hub.

“The robust take-up rate reflects retailers’ confidence in Sime Darby Property, underscoring The Corak’s appeal as a prime destination catering to the needs of a growing cityscape,” said Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei. 

The Corak has a gross development value of RM186 million. With built-ups ranging between 3,358 and 5,233 sq ft, it offers 98 units of two-storey shop offices and one drive-through unit. Selling prices range from RM1.7 million to RM3.3 million. The commercial hub is scheduled for completion in 2027. 

The units feature a modern design, strategic signage placements, tall windows for cafe spaces, wide walkways for al-fresco dining and high ceilings. There will be 830 parking spaces available at The Corak.

The statement also highlighted that the hub will create ample job opportunities and contribute to the socio-economic development of Serenia City. 

“The business community places its trust in our dedication to create a space specifically designed to meet their evolving needs. This commitment seamlessly aligns with the company’s purpose to be a value multiplier for people, businesses, the economy and planet, in addition to cultivating vibrant and enduring communities for generations," said Lai. 

Accessible via the North-South Expressway Central Link (Elite), North-South Expressway and Maju Expressway (MEX), The Corak will benefit from a 500,000 population catchment within a 20-minute drive.