PROPERTY COMMUNIT
&
Sibaya Coastal Precinct
10 F E A T U R E D D E V E L O P M E N T
Economically speaking, Balize Private Estate is placed within
one of the country’s key growth nodes. Since breaking ground in
2017, the Sibaya Coastal Precinct has seen consistent growth that
has accelerated over the last 12 months. To date, a total of R3.2
billion’s worth of sales have been transacted in the precinct. Based
on current growth, these figures are only set to rise further with the
completion of key infrastructure and retail and commercial nodes.
The surrounding planned amenities include: retail piazza; sports
complex; private school (grades R–12) and private university;
medical facilities; hospitality nodes; retail and recreation nodes, and
pedestrian access points to the beach.
From an investment perspective, the Sibaya Coastal Precinct, and
consequently Balize Private Estate, offers investors the potential
for strong capital appreciation. The fact that Balize is a low-density
secure estate only adds to its appeal and forecasted value.
Sectional title and smart homes – the future is now
The FNB Property Barometer reports that the number of new
townhouses and apartments nationally accounts for 60% of all new
stock on the South African property market. Cameron explains:
‘There is an ever-growing demand for sectional title homes,
especially where security is guaranteed. With the new generation
of buyers moving into the real estate market, and increasing