With only 90 freehold stands available, Enigma Private Estate has concluded 60% of its sales since being released. This rapid rate of sales makes this modern family estate undoubtedly the fastest selling gated estate within the greater Umhlanga area.
Umhlanga is one of the fastest growing areas in South Africa, with the population increasing 57% within the last 10 years. The crown jewel of Umhlanga, Ridgeside fuses residential developments, business centres and social hubs to create the perfect playground for those wanting a live, work and play lifestyle. With the remarkable sales achieved thus far, it is evident that there is a unique demand for single residential opportunities within a secure, Umhlanga gated estate.
“While Enigma Private Estate has experienced such rapid sales, Umhlanga Ridgeside as a node has equally experienced growth over the years, and quickly become the fastest growing node in KwaZulu-Natal,” shares Stefan Botha, CEO of Rainmaker Marketing.
While Western Cape and Gauteng have experienced a property ‘cooling down’ period, KwaZulu-Natal is experiencing growth. From late-2015 to September 2016, KwaZulu-Natal property market grew from 5.4% to 7.5%. The fastest growing nodes within KwaZulu-Natal, namely Umhlanga and Ballito, are seeing the biggest property price growth, making Enigma Private Estate perfectly positioned to experience the best capital appreciation.
With the convenient location, investment prospects and capital appreciation expectations; we can understand why the well-heeled are investing in Enigma Private Estate so early and quickly.