Amid renewed confidence in South Africa’s property market following the Reserve Bank’s May 2025 interest rate cut, leading developer Devmco Group has announced the launch of Solara at Salta Sibaya, the final residential release within this high-performing estate.
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Positioned within the privately managed, secure Sibaya Precinct, Solara Salta represents the last opportunity to buy into this R5-billion KwaZulu-Natal estate that has redefined coastal living and set new benchmarks in integrated residential development. The official public launch was on 21 June, 2025.
Prime Timing: Rate Cut Drives Market Optimism
In a move that has buoyed investor sentiment, the South African Reserve Bank announced a 25-basis point reduction in the repo rate, easing the prime lending rate to 10.75%. For those exploring residential investment, the timing is fortuitous.
“With interest rates easing and inflation stabilising, we’re seeing renewed urgency from buyers wanting secure, lifestyle-rich estate property – particularly in coastal locations like Sibaya,” says Devmco Group Director of Sales & Marketing, Pamela Naidu.
A Rare Coastal Offering: Land, Location, Legacy
This final residential release within Salta Estate includes a selection of premium north-facing homesites ranging from 550m² to 4000m², many with panoramic views of the Umdloti River, La Mercy estuary, and Indian Ocean. Buyers can choose to build custom homes or opt for turnkey plot-and-plan options designed and developed by Devmco Group.
“Solara Salta presents buyers with a rare chance to own within a mature, thriving estate underpinned by over a decade of Devmco’s trusted track record,” explains Naidu, “With seamless access to a vibrant, fully operational community, Solara offers immediate liveability – on the doorstep of Umdloti beach, 24-hour security, scenic nature trails, and close proximity to retail hubs, healthcare, and top schools. It’s a turnkey coastal lifestyle from the very first day.”
A Decade of Demand: Sibaya’s Proven Performance
The Sibaya Precinct has become a case study in strategic property growth backed by R9-billion in investment. With over 1,300 homes delivered and 7,000+ residents already in place, it has outpaced even Umhlanga in capital growth and development momentum. Devmco’s developments within the node which includes – Oceandune, Pebble Beach, Gold Coast Estate Sibaya, and Salta Sibaya (consisting of Capri Village, Mount Cotton and Salta Estate) – have consistently achieved record sales. Salta Sibaya
Naidu concludes, “As the final release within Salta Sibaya, Solara Salta signals the end of any further new residential opportunities in this award-winning estate. In a property landscape where scarcity and exclusivity drive value, that is a compelling call to action. If you’ve been waiting for the right time to make the move, this is it.”
Visit https://solarasalta.co.za/ for more information.
