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Welcome to Seeff Commercial Gauteng


  • Rezoned house For Sale

    Click to enlarge A VERSATILE PROPERTY THAT OFFERS SO MANY OPTIONS - WHY RENT Currently homing a production company that is relocating, t...
    Area: Blairgowrie
    Erf Size: 1322 m2
    Building Size: 321 m2
    R 1 950 000
  • Rezoned house For Sale

    Click to enlarge This unique property offers so many variations and options. There are four adjoining stands forming a square portion. ...
    Area: Newlands
    Erf Size: 2000 m2
    Building Size: n/a
    R 2 900 000
  • Guest House For Sale

    Click to enlarge CONSISTENTLY RATED 2ND AND 3RD ON TRIP ADVISOR, THIS UNIQUE GUESTHOUSE IS CHARACTERISED BY BOHEMIAN CHARM AND AUTHENTIC ...
    Area: Norwood
    Erf Size: n/a
    Building Size: n/a
    R 3 800 000

Following Land Reform Minister, Gugile Nkwinti’s recent announcement that foreign land ownership will be restricted ...
Feb 13, 2013

Following Land Reform Minister, Gugile Nkwinti's recent announcement that foreign land ownership will be restricted to leasehold once government's land policy is finalised and passed into law, Seeff Chairman, Samuel Seeff has called for greater clarity on this. From what we understand, this is a decision taken at the Mangaung Conference, but it is unclear whether this applies to state or privately owned land, or both. It is also not clear whether this extends to agricultural land only or also to residential ownership, he says.
While we agree with the philosophy of wanting to restrict the sale of government owned land, we would question the value of restricting private land ownership by foreign nationals. Foreign property ownership accounts for an insignificant 1% of all ownership. FNB's latest Property Barometer puts foreign property sales at about 3,5% of all sales and, even at the height of what is viewed as one of the best property booms in decades (i.e. between 2003 and 2007/8), foreign sales was at just over 6%, he says. These figures also do not take into account that foreigners also sell property, the net effect of which brings this percentage down to about half, he adds.

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