As a key, catalytic precinct in the KwaZulu-Natal region, the Sibaya Coastal Precinct has grown its offering over the last 5 years, also experiencing over 40% capital appreciation in 3 years.
Having created over 40 000 jobs in the last 5 years, there is an estimation of a further 70 000 to 80 000 jobs expected over the next 10 years. As development within the precinct continues to evolve, these changes will have a positive effect on surrounding neighbourhoods, including the resort town of Umdloti.
The urban improvement and upliftment of the precinct has largely affected the surrounding areas of Umdloti through to parts of the Umhlanga coast. Behind the success of maintaining a thriving green space for residents and visitors to enjoy, the Sibaya Precinct Master Management Association plays a key role in facilitating the maintenance of the environment, holistically, overseeing the 7 nodes within the Sibaya Coastal Precinct.
Working together with the municipality, the Management Association has managed to ensure that residents have a secure environment to live in, including the upliftment and maintenance of the natural surroundings. With 6.5 km of beach, from estuary to estuary and 350 hectares of lush coastal forest, the Management Association has successfully ensured a clean and safe space for residents to leisurely enjoy.
With development rolling out, Umdloti will be one of the nodes to enjoy urban upliftment and improvement. Infrastructure will focus on integration and improvement of security, community sharing, landscape, and environmental factors such as ocean conservation. Property values are expected to increase thanks to the growth and demand of this North Coast location.
As property development continues through the Sibaya Coastal Precinct, we can expect a positive impact not only within the precinct but various surrounding areas.