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New apartments in Cape Town Ottery’s The Palms from R995kAn opportunity for first-time buyers and investors exists in The Palms, a new residential development with 113 two bedroom apartments just launched.Ottery and Grassy Park still offer properties under R1mThe Cape Town suburbs of Ottery and Grassy Park offer excellent value-for-money, good schools and a diverse selection of properties.Property market highlights and insights for 2025The South African property market in 2024 has been anything but stagnant. With exciting shifts in buyer behaviour, rental trends, and investment opportunities, this year has been a whirlwind of activity and adaptation.