The city of Haifa: A decrease in the prices of Rami's land auctions (Photo: ShutterStock)
Is this the beginning of a new trend in the prices of the Israel Land Authority's land auctions?
This week, Efi Capital Real Estate Company reported on winning the target price tender of Rami in the southern entrances of Haifa, in the amount of approximately NIS 61 million - which is a decrease of approximately 20% compared to the previous tender in the southern entrances of Haifa that was held about 3 months ago, When the cost of a land unit is estimated at NIS 312,000, compared to an average of NIS 386,000 in the previous tender.
Does the drop in land prices in the Rami tenders indicate an imminent drop in prices? We cannot predict that, but perhaps the transaction prices of the last week can teach us something about this:
these are the transaction prices of the last week:
Tel Aviv
This week an apartment was sold in a new project in the heart of Tel Aviv - The Secret of Gan Meir.
The deal was closed on the day of the demolition of an old building and on the ground of the future project.
This is a 3-room apartment, with 3 air directions, covers 68 square meters plus a balcony of about 12 square meters, and offers private parking, a living room and two bedrooms - one of which is a master suite with an attached bathroom and a private exit to the balcony, connecting Living room to bedroom.
The apartment is located in a new 7-story building that will be occupied in about 3 years, which includes up to 2 apartments per floor and 11 in total.
The property was sold for NIS 5,380,000
, at NIS 72,000 per square meter, with estimated occupancy in 3 years.
Beer Sheva
3-room apartment, on Yosef Ben Matatihu Street, 60 square meters, floor 1 of 3, no elevator, no parking, sold for NIS 750,000
3-room apartment, Eliezer Ben Yehuda Street, neighborhood B, 93 square meters, floor 1 of 3, sold for NIS 1,100,000
3-room apartment, Oph Yoav street, neighborhood 6, 75 square meters, 3rd floor out of 3, sold for NIS 610,000
3-room apartment, Talmud Street, neighborhood D, 64 square meters, 2nd floor out of 3, sold for NIS 525,000
3-room apartment, Bar Nissan Street, Neve Ze'ev neighborhood, 104 square meters, 2nd floor out of 8, parking, elevator, sold for NIS 1,150,000
3-room apartment, Megiddo Street, 9th neighborhood, 71 square meters, 3rd floor out of 4, sold for NIS 699,000
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Yavne
6-room duplex penthouse, Herzl Street, the new Naot Shamir neighborhood, 162 square meters, 102 square meters balcony, 6th floor out of 6, parking, elevator, sold for NIS 4,040,000
Herzliya
4-room apartment on David Elroy Street, 100 square meters + 12 square meters of balcony, 7th floor out of 15, warehouse, with elevator, 2 parking spaces, sold for NIS 3.55 million
Holon
2-room apartment, 6 Zan Zors St., Navot Rachel, 48 square meters including an interior balcony, 1st floor out of 2 above ground, renovated, air conditioning in the entire apartment, there are rights to expand the apartment, in the eviction process of the Tzemach Hammerman company, sold in 1,600,000 shekels
Kfar Saba
4-room garden apartment, Rupin Street, Rashonim neighborhood, 100 square meters, garden 127 square meters, ground floor out of 5, parking, elevator, sold for NIS 3,500,000
6-room apartment, Shinpain Street in Kfar Saba Hiroka, 140 square meters, 3rd floor out of 7, asking price NIS 4,700,000, sold for NIS 4,475,000 within 3 months
Hadera
2-room apartment on Herbert Samuel Street in the city center, 70 square meters, 4th floor out of 4, no elevator and no parking, sold for NIS 1.08 million
Or Akiva
3-room apartment on Har Shlomo Street in Or Akiva, 107 square meters built + 12 square meters balcony, 6th floor out of 14 with elevator, parking, attached warehouse, sold for NIS 1.8 million
Pardes Hana
5-room garden apartment on Neta Street, 140 square meters + 70 square meters garden, ground floor out of 4, 2 parking spaces, sold for NIS 3.23 million
earing
3-room apartment, Rimon Street, 78 square meters, 16 square meters balcony, 3rd floor out of 4, parking, elevator, sold for NIS 1,330,000
The city of Harish: a view from above (photo: official website, Israel Bardogo)
Kiryat Motzkin
4-room apartment, Araba Street, 103 square meters, 10 square meters balcony, 4th floor out of 9, parking, elevator, sold for NIS 1,640,000
5-room duplex, Weizman Street, 127 square meters, 20 square meters balcony, 3rd floor out of 3, sold for NIS 1,350,000
Afula
5-room apartment, Menachem Begin Street, 120 square meters, 2nd floor out of 7, parking, sold for NIS 1,235,000
4-room apartment, Yehoshua Hankin Street, 102 square meters, 1st floor out of 3, parking, sold for NIS 850,000
5-room apartment, Mishmar Jordan Street, 180 square meters, 3rd floor out of 8, parking, sold for NIS 1,080,000
Nahariya
3-room apartment, Sheprincek Street, 75 square meters, floor 5 of 8, elevator, sold for NIS 955,000
4-room garden apartment, Etrog Street, 125 square meters, garden 80 square meters, ground floor out of 2, sold for NIS 2,020,000
4-room apartment, Zamir Street, 110 square meters, 3rd floor out of 4, parking, elevator, sold for NIS 1,170,000
Nahariya: a 4-room garden apartment was sold for NIS 2,020,000 (Photo: ShutterStock)
The transactions were provided courtesy of
the Re/Max chain, branches: Re/Max 770, Re/Max Plus, Re/Max Time, Re/Max the New City, Re/Max Halutz, Re/Max ONE.
Anglo-Saxon chain, branches: Beer Sheva, Hadera, Pardes Hana, Herzliya.
Real estate broker chain, branches: Kfar Saba, Holon, and Sotheby's chain
Real estate
Tags
Real estate I
Real estate transactions
