6,666 Housing units successfully sold in February and March 2025 of the SDE Dov, who may be the most “land of Israel today. The Northern neighborhoods of the North Estate, with NIS 49,000 prices per square meter.
This is significantly lower than prices demanded by other SDE DOV residency projects. The average prices per square meter at the neighborhood neighborhood which usually exceeded NIS 70,000 marks of NIS, and in some cases despite square meters or more.
Yigal Dimri, is one of YH Dimri Construction & Development (Tase: Dimri), owned by the SDE DOV district to reach SDE DOV to reach SDED NIS in a decade or two. So how was it that Idi “allows himself to” offer a much lower price, in a project located north of Dimri’s project? Globes with some comments on acting city talks.
Mindi Explained: Planning and Timing
Gindi’s holds win two spaces in the land tenders in the central section of SDE DOV, where it can establish 708 units at home. Company plans to build a 44-floor tower, three 20-storey towers and three nine-story buildings.
Gordi Holdings said planning the project starting before winning contract, which saved time to start marketing apartments. The cost of planning, according to the company, cannot be neglected: a few hundred thousand cycles that can be “washed the dras.
At one time when interest rates are relatively high, it is important to keep the project’s progress possible, above it, in millions of money in the future – if many have made construction completion of all.
Another explanation for the company’s ability to place a low initial price for the project associated with Bids in the February Tenders. The company won two bids even if it did not offer the highest bid, because of the gentle instructions from a delivered instruction from Israel’s authority. Two bids by Nindi the NIS 177 million lower than the highest bid. Gindi bids appeared at an average price of about 1.75 million for land per apartment, including development costs, compared to an average of SDE DOV Tendente Dot Devend.
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Israeli authority of Israel (theirs) CEO Yanki Kvint, said after the Tenders in February that the price of land must slow down. He said, “After we beat the market in recent years and after the land alone with SDE DOV (2022), we didn’t surprise with the Published SDDE DOV prices to make a printed DOV effect.”
Prices definitely rise and the time to occupy the distance
As with any sales initiative, it is important to keep small details. The location of the designs of Gindi, which, despite seeing the Open Sea today, the future towers founded on the west of them, which the apartment value was shot. Besides, while Gindi’s holdings set a low price for the project at this stage, prices are larger, on higher floors. Binds emphasize that this is not a presascing limited to a specified number of apartments, and notes “all 708 apartments are offered. We estimate that the average for the whole project can be 54,000 per square range.”
For this it should add time to pass until the construction is completed. Although the company is consistent with finance for each of the projects, with Mizrani-Tefahot Bank and Bank Leumi, the payment for the land is expected to be completed in several years. Experts believe to take six to nine years to occupation while many southern Canadian projects – projects to complete the years before Gindi’s project. In addition, in the neighborhood of Eshkol, the development of the infrastructure has been completed, while in other parts of the neighborhood continues.
It is estimated to be permitted to allow areas and support for project foundations to be received in the coming year, and the whole permit – for two years. The stage of exacerbation is the company estimated to take about 18 months, due to the presence of water on the ground under the surface.
“If Gindi sells apartments in a link to construction input index, and consider the fact that it is a project in which apartments will be shipped within 69,000 per square of seven years,” as in an industry source. “We are at an earlier stage, and know how long the Municifice has taken in Tel Aviv-Yafo to sell at an earlier stage. Earlier is a private company or have the need for answers from investors.
“Everything should come to a gimmick retail
The low start of the bar price that Gindi is to raise a central question: What do competitors do? There are some of these: south of the district, there are at least two projects established, and in the coming months at least three are scheduled to receive a building permit and to go to the nachmias group and companion). More than 1,000 apartments are planned for three projects alone. For this it is necessary to add other winners in February and March Tenders – nearly 6,000 additional apartments such as Aviv & Sikun, Sikuni Avrahami and others.
Shopping prices affect rival projects? About projects that are in depth in marketing phase, the effect is probably minor, if at all. Like for other projects, say on time. “The competition in this neighborhood can be super aggressive,” as a source, “and in a few months it will intensify the additional projects to see how competitors are doing what to trade, and act well.
“For a player like Israel-Canada, which is already sold in half the project, better the sales methods.
Published in Globes, Israel News in News – en.globes.co.il – On June 5, 2025.
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