by InAssets  |   June 9, 2025

SOLD! A R71 Million Power Move in Umhlanga’s Sky

The Pencil Club Penthouse, SOLD and SEALED for R71 Million.


An icon reborn, a deal confirmed, a benchmark set.

In a landmark transaction, the legendary Pencil Club, perched atop the tallest tower in Umhlanga Ridge, has been successfully sold for R71 million.

With 1,803m² of bespoke, designed, top-floor luxury spanning two penthouse levels, this crown jewel is now off the market, snapped up by a discerning buyer who recognised its unrepeatable value and limitless potential.

From its panoramic ocean views and private rooftop pool to the architectural finesse and high-spec finishes throughout, the Pencil Club has always stood for exclusivity, vision, and next-level prestige. 

This R71m acquisition proves that despite market whispers, bold deals still close,and In2Assets’ Property Dealroom is where the serious players come to play.

In2Assets - When the stakes are sky-high, we deliver.

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