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1,603 Apartments in RBS Daled Secured by Kablanim
Wed, Jul 10 2019, 9:00 AM

The Israel Land Authority (ILA) announced on Tuesday that it had successfully marketed 1,603 apartments in the new neighborhood of Ramat Beit Shemesh Daled to the Kablanim. About 800 of the apartments will be sold through Mechir Limishtaken and the rest will be sold at market value to the general public.


According to the ILA, the average size of ​​an apartment to be built in the neighborhood will be 101 square meters, and that the prices of the low-cost apartments that arise from the winning contractors' proposals is a 20% discount on the price of a similar apartment in the market. A subsidized 85 meter apartment will start at 820 thousand shekels, the price of a subsidized 100 square meters will start at 1.18 million nis, and the price of 120 square meters apartment will start at 1.4 million shekel.


The land was marketed by ILA, with the largest plot being purchased by Trison Development and Construction, which won land for the construction of 628 apartments in several plots. Magen Engineering Works won the land for the construction of 399 apartments, and Peretz Luzon Building and Development won the land for construction of 338 apartments.

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