Estate Living Magazine Issue 30 Smart Environments June 2018 | Page 16

Sibaya Coastal Precinct
A new semigration destination
South African home buyers are directing their attention
to security estates on the KwaZulu-Natal coast
San Lameer
14 | www.estate-living.co.za
The Western Cape may be the primary
destination for inlanders seeking a coastal
lifestyle, but soaring property prices in the
province, and Cape Town in particular, have
made potential home buyers turn their focus
to the KwaZulu-Natal (KZN) North and South
coasts.
Pam Golding Properties reports 60% to 70%
of buyers in the Zimbali area are from Gauteng.
‘KZN has the advantage of having less congestion,
and there are several growth nodes in Umhlanga,
Ballito and Sibaya,’ explained CEO Andrew Golding
in the 2017 Pam Golding Properties Residential
Review. ‘Luxury estates from Umhlanga to Ballito
are proving to be very popular,’ agrees Lee Ellis,
director of Tyson Properties. ‘Property prices along
this stretch of the coastline are competitive, and
buyers get value for their money.’