Historic Moment for KZN South Coast as SCTIE Signs MoU with Top Property Developers

High-quality property developments in coastal regions are in high demand, and the KZN South Coast is fast emerging as a key investment destination for everything from residential to light industrial property investments. To further support the growth of this key investment sector, South Coast Tourism & Investment Enterprise (SCTIE) signed a historic Memorandum of Understanding (MoU) on Tuesday (18 June 2025) with local property developers of Serenity Hills, Renishaw Coastal Precinct, and Umdoni Point Coastal Coastal Lifestyle Village.

“This signing is a momentous occasion that officially marks the strategic collaboration between ourselves and key developers within the KZN South Coast region, solidifying our joint commitment to maximise the touristic and investment potential of these estates,” commented Dr Vusumuzi Sibiya, CEO of SCTIE. “This collaboration will contribute meaningfully to our economic transformation agenda that seeks to uplift the KZN South Coast.”

Hosted at Renishaw Hills, a mature lifestyle village that forms the first phase of Renishaw Coastal Precinct in Scottburgh, the ceremony was attended by Dr Sibiya, Barto Van der Merwe (Managing Director of Renishaw Coastal Precinct), Paul Tedder (Developer of Umdoni Point Coastal Lifestyle Village), and Ayanda Masengemi (Associate Director of Serenity Hills) alongside media representatives.

“We’re proud to be part of this important partnership that will benefit both the stakeholders and the wider KZN South Coast,” said Barto Van der Merwe. “The Renishaw Coastal Precinct is rooted in community and sustainability, driving socio-economic upliftment while creating a sought-after lifestyle. We look forward to growing this vision with our partners and unlocking further investment in the region.”

Ayanda Msengeni added: “We have seen the positive impact that SCTIE has contributed to the development of Serenity Hills. There are things that we couldn’t have achieved without this support. We look forward to achieving more out of this unity of five years and beyond, as nothing can be achieved without these positive collaborations.”

Paul Tedder noted that they were honoured to be in such an enriching partnership: “Umdoni Point Coastal Lifestyle Village is proud to be part of this exciting collaboration as we move forward together on an impactful journey. Together, we have already begun turning our shared vision into reality, and we are confident that, as a united team, we will continue to achieve great things over the next five years and beyond.”

Requirements Outlined in the MoU

The Memorandum of Understanding (MoU), valid until 31 December 2029, commits the parties to working together to unlock the full potential of three key property developments, while promoting economic transformation and regional well-being.

Under the MoU, both parties agree to:

• Foster cooperation and build a sustainable, integrated partnership;
• Collaborate to drive economic growth, job creation, and poverty alleviation by maximising  development and tourism opportunities in the area; and
• Provide mutual support to achieve each party’s development goals.

As part of the agreement, SCTIE will help connect the developers with strategic partners, including private sector and government entities, that can add value to the project. SCTIE will also assist in securing necessary consents and approvals from all levels of government to fast-track development and position the area as development-friendly.

In addition, SCTIE will promote and market the developer’s activities across suitable platforms to maximise exposure for the region. In return, they will receive regular updates on ongoing and upcoming projects, as well as supply marketing material when needed to support SCTIE’s promotional efforts.

SCTIE’s MoU Partners

SCTIE is mandated with unlocking the full tourism and investment potential of this region, with property highlighted as a key investment sector. The three property developments are already showing significant interest.

Umdoni Point Coastal Forest Estate is a pristine over-50s lifestyle development alongside an indigenous coastal forest in the tranquil village of Pennington. More than 40 homes have already been constructed within the secure estate during Phase 1, with new sales already launched in Phase 2. There will be 2-, 3-, and 4-bedroom homes in the eco-estate starting from R2.3 million constructed with bespoke designs.

Serenity Hills a 120-hectare eco-focused estate located in Margate, focused on sustainability and modern-luxury amenities across 600 beautifully appointed residential units across three neighbourhoods. This eco-haven offers residents secure living within an exquisite natural setting. Being a low-density estate, 70 hectares will remain private conservation, home to a variety of wildlife and birdlife, with a generous buffer between villas to ensure privacy. Serenity Hills includes a clubhouse, extensive hiking and biking trails, an on-site spa, award-winning restaurant, incredible views, and more.

Renishaw Coastal Precinct in Scottburgh is currently one of South Africa’s largest coastal developments, spanning 1,300 hectares across the eThekwini and Umdoni municipalities. Driven by Renishaw Property Developments, a subsidiary of the JSE-listed Crookes Brothers Limited, this mixed-use precinct offers a secure, sustainable, and community-centric lifestyle that combines nature conservation with modern infrastructure. Renishaw Hills, the mature lifestyle estate, is the first development within the precinct, with further plans including a private school, hospital, recreational facilities, shopping centre, hotel, and light industrial zone – as well as high-density opportunities - all designed to stimulate local economic growth and job creation.

Now’s the Time: Visit, Invest, Thrive in KZN South Coast!

Find out more about these and other investment options by visiting the KZN South Coast website; following South Coast Tourism on Facebook; South Coast Tourism and Investment Enterprise on YouTube; @infosouthcoast on Twitter or Instagram; and South Coast Tourism & Investment Enterprise on LinkedIn. And click here to check out previous SCTIE press releases. Watch why KZN South Coast is a top tourism destination here.

To find out more about these and more investment opportunities, get in touch with SCTIE, the KZN South Coast’s One-Stop Shop for investment. Contact SCTIE on 039 682 7944, email oss@sctie.co.za or visit www.investkznsouthcoast.co.za.

To purchase goods sold or secure services from these and other Buy Local businesses visit the online directory on the SCTIE website. To make orders from Buy Local members or to join the campaign, visit the Buy Local tag at www.investkznsouthcoast.co.za or click here for a membership form.

Follow the hashtags #nowisthetime #nowisthetimetoinvest