Umdloti Local

Sibaya development

Coral Point, Sibaya

Updated · Sources

In short

Coral Point is a five-storey, 152-apartment block in Node 1 of Sibaya Precinct, built by FWJK rather than master developer Devmco. It launched in May 2017 with studios to 3-bed units from R1.295 million. It is now built and its units come up on the resale market; one 2-bed listed in February 2026 asks R3.5 million.

Coral Point is a five-storey, 152-apartment block in Node 1 of Sibaya Precinct, with units from studios to 3-bedroom apartments, forest or ocean views and secure parking. It sits alongside OceanDune, Pebble Beach and Signature Sibaya in the first-built section of Sibaya, closest to the M27 access route into Umdloti. Unlike most of its Node 1 neighbours, Coral Point was built by FWJK, an independent architecture and development firm, rather than by Devmco Group, the precinct’s master developer.

Launch and build

Coral Point launched in May 2017. Pam Golding Properties reported a waiting list of about 1,000 buyers at the time. Units ran from 45 to 138 square metres, priced from R1.295 million up to R4.65 million. Construction was due to start straight away, with completion targeted for the end of 2018. The actual completion date has not been published.

The block is now built. Its apartments come up on the resale market, and the Sibaya precinct manager lists Coral Point among the precinct’s developments, with a gym, pool and clubhouse. A 2-bed, 85 square metre apartment listed on Private Property on 8 February 2026 asks R3.5 million. That listing describes a clubhouse, communal pool, gym, creche, laundry and 24-hour security.

What is confirmed, and what isn’t

Confirmed: the unit count (152), the unit range (studio to 3-bed), the developer (FWJK), the 2017 launch prices and the fact that the block is built and trading on resale. Not confirmed: the year the building was finished, and a current price band across the block. One resale asking price is not a market price, so treat the R3.5 million figure as a single example.

What it means for Umdloti

Coral Point’s unit mix makes it more accessible on paper than Signature Sibaya’s stands or Shoreline Sibaya’s retirement units, which suggests a broader buyer base, from young professionals working the Umhlanga-to-Umdloti corridor to small families. Node 1’s density, with Coral Point, OceanDune and Pebble Beach all built, feeds directly into Umdloti’s own traffic on the M27 and demand at Marine Walk a short drive further into the precinct.

For anyone comparing Coral Point against Umdloti’s own apartment stock, the property market page sets out Umdloti’s 1-bed to 3-bed price bands as the nearest reference point.

See the Sibaya Precinct pillar for the full masterplan and node map, and the developments tracker for every named project in the precinct.

Developer
FWJK
Node
1
Status
Occupied
Units
152
Price from
R1.295m at 2017 launch
Launched
2017-05

Record as at 24 Oct 2026. Fields left out are unconfirmed.

The numbers, with the date each was checked
Fact Value As of
Units 152 apartments, studio to 3-bed, 45 to 138 m² 2017-05 privateproperty.co.za
Launch prices From R1.295 million up to R4.65 million 2017-05 privateproperty.co.za
Completion target at launch The actual completion date is not published. End of 2018 2017-05 privateproperty.co.za
Example resale listing 2-bed, 2-bath, 85 m², asking R3,500,000 2026-02 privateproperty.co.za
Developer FWJK (architect and developer), not Devmco Group 2026-09 fwjk.co.za

Swipe sideways for the full table.

Questions people ask

What size units does Coral Point offer?
Studios up to 3-bedroom units, 45 to 138 square metres at launch, 152 in total, with forest or ocean views and secure parking.
Is Coral Point finished?
Yes. It is built, and its apartments now come up on the resale market. A 2-bed listed on Private Property in February 2026 describes the clubhouse, pool, gym, creche and laundry. The actual completion year is not published; at launch in 2017 the target was the end of 2018.
Who built Coral Point?
FWJK, an independent architecture and development firm, not Devmco Group, which is the master developer for the wider Sibaya Precinct.

Checked and sources

Checked · 6 sources

Every fact on this page comes from one of these, or from the place itself. Spot something out of date? The listing page says how to send a fix.

  1. Private Property, 2-bed apartment in Coral Point (T5381052), listed 8 Feb 2026 checked 2026-10-24
  2. Private Property News, Thousands on waiting list for Sibaya apartments, 31 May 2017 checked 2026-10-24
  3. Sibaya Precinct Management, developments list, read 24 Oct 2026 checked 2026-10-24
  4. Property24, Sibaya Precinct apartments
  5. FWJK, Coral Point portfolio page
  6. Wikipedia, Sibaya Precinct