KZN Sibaya retirement apartments from R1.45m selling fast
Category General News
The Sibaya Coastal Precinct’s first retirement estate, Shoreline Sibaya, has reached a staggering R250 million in sales in the four months since launch.
Wicus Jacobs, Director of Carmel Properties, says this incredible result is a significant milestone for the precinct and KwaZulu-Natal as a whole, revealing the importance of providing a retirement offering that is conducive to the demand.
“It’s safe to say that no other retirement development within KwaZulu-Natal has reached such a result in a year, never mind in four months from launch. We set ourselves certain goals to reach and have pushed hard to achieve them. I’m proud to say that our first milestone has been reached in record time,” says Jacobs, who notes this success can only be attributed to the unique offering Shoreline Sibaya presents.
A noteworthy point from Shoreline Sibaya’s first milestone success is that the developers truly understood what retirees were looking for. The research conducted indicated that 29% of KwaZulu-Natal’s retirement market is interested in retiring to the Sibaya Coastal Precinct, while 76% of retirees are looking for a price point of between R1 million and R2.5 million. Shoreline Sibaya ticks both of these boxes.
“Research plays a huge role in our product offering, and has influenced many of our decisions. We have recently reconfigured our estate to offer 16 additional two bedroom, one bathroom opportunities that range between R1.95 million to R1.975 million. These affordable offerings even include a scullery and, for some, an exclusive use garden area,” says Jacobs.
“We can confidently state that we have not sat back waiting for people to find out about Shoreline Sibaya. The teams employed, from marketing to sales, have put a lot of hours into this project to ensure all South Africans find out about this unique opportunity, and are being provided with all the necessary information they need.”
Shoreline Sibaya has an adaptive approach, where they intently listen to their target market and ensure they are delivering an exceptional lifestyle and retirement opportunity.
“We look forward to reaching our next significant milestone, which is to break ground in the final quarter of 2017,” says Jacobs.
Author: Property 24