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New homes in Blouberg from R459 000One bedroom apartments at the new property development 68 On Coral in Blouberg in the Western Cape are priced between R459 000 and R512 000. CT – 3000 new houses in past yearDuring the past financial year, the City of Cape Town has handed over 3 000 houses to beneficiaries throughout the Cape metropole.Luxury property market: What sets it apart is more than price What sets the luxury market apart is its independence from broader economic trends and understanding what drives this market requires looking beyond the numbers to the intangibles that define true luxury.