Four huge tenders were marketed at Sde Dov in North Tel Aviv, on the ground that is currently the most famous in Israel, successfully with total bids of 6.3 billion NIS for about 4000 housing units. The average land price per unit of housing is much lower, at tens of percent, than the price set in the tenders that are marketed in the region in the years 2021 and 2022, when bidding was presented at record prices.
The largest tenders in the central part of Sde Dov are for a high -density building of 2,606 apartments, which were marketed for more than 5 billion NIS, including development expenses. Besides, two tenders containing 966 housing units for long -term rental were closed, and another tender was closed to 350 housing units to live with help. Among the winners: Jindi Israel, Electra Housing and River (a subsidiary of Dan), Luzon Ronson, Hajaj Group, Prakkovsky Group and more.
Surprisingly, the company that provided the highest amount for one piece is a less well -known company, Israel Prakherz, which will pay approximately 850 million New New building 424 housing units. The palace, Ranana, won the major housing, part of the Azerili Group, by tender compared to 350 senior housing units, compared to about 595 million New.
One of the five tenders, for about 269 housing units, failed and not marketed. This is the only bid in which the state has partial rights of the Earth, about 62 % of the entire region, while the rest is owned by a private property – a fact that encourages most developers to provide bids. The tender is expected to re -market later.
A total of 33 shows were presented to the four tenders that were successfully marketed – a number indicating great attention, even in difficult economic times in the market.
At the end of next month, five other tenders are scheduled to be closed with 2,967 housing units in Sde Dov, in the northern part of the area. Last December, another tender in the region was marketed for commercial and office spaces in the southern section, “ESHKOL Plan”, for about 561 million New Ni, including development expenses.
The results of the tenders will not enter into force only at a later time, when the central Sde Dov plan is approved, which must be at the beginning of next month. According to a statement issued by the Israel Land Authority, “Only after the approval of the plan, the winners will be announced.”
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A decrease of more than 40 % compared to previous tenders
Study the results of previous tenders that were successfully marketed in the far south of Sde dov – Eshkol plan – reveal a significant decrease in the winning bidding, up to more than 40 % in the amounts by developers.
Consequently, while in the large tender for the high -density construction that is currently marketed, the average land price per unit of housing is 1.9 million shekels, including development expenses, in all tenders that are marketed in the “Eshkol Plan” in 2021 and 2022, which which is The years of prosperity were in the industry, and the average price of land for each housing unit exceeded 2.5 million New in regular public tenders, and in some cases It reached the peak of 3.3 million NIS including development expenditures, 42 % more than average in the tenders that are now closed – a medium in the famous show of the Hanan Moore Group in the big tender in August 2021, which eventually led to the collapse of the company the past.
12 billion New for state treasury
On the publication of the new ten bidding in Sde Dov, industry professionals estimated that the price of the land for each housing unit will be about two million Nuno will be about 14 billion NIS.
The results of the five tenders show that estimates, at least with regard to high -intensity construction, were not far from the final results. According to an average 1.6 million NIS for each housing unit in the five tenders that are now closed, an estimated 11.5 billion nuns are successfully marketed in the following attempt.
The winning offers must transfer the full amount of bidding within 90 days, so that the full amount does not enter state treasures until the end of June, three months after the closure of the last tenders.
The CEO of the Israel Land Authority, Yakov Kuffent, said: “The tenders that were successfully closed today are a changing games in the housing market in Tel Aviv. The increase in supply and many marketing campaigns led to low prices in the prestigious region during the entire process, we insisted on providing A solution for all population in Israeli society, and this program includes hundreds of housing units at reasonable prices, housing on The long term.
It was published by Globes, Israel Business News – En.globes.co.il – on February 20, 2025.
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