about 70k housing units were issued for marketing

Posted on Jan 6, 2018 by Dan Bielski

The Ministry of Finance, the Ministry of Construction and Housing, the Israel Lands Authority, the Planning Administration and an apartment to rent the 2017 real estate data published on 2017. The data indicate that 2017 was a record year in real estate, planning and marketing of land, Residential units and marketing of land to 69,249 residential units.

During 2017, 69,249 housing units were issued for marketing, with the government target for this year at 65,000 units (about 7% above the target). During the years 2015-2017, 103,645 housing units were marketed within the framework of the "occupant price" plan 2017. The year 2017 ends with approximately 42,000 occupants in the price lots of the occupant, and more than 8,700 housing units throughout the country are in various stages of construction and 11,000 building permits have been issued. The past year is a record year for increasing the supply of housing units approved for construction planned by planning institutions. Some 127,000 housing units were approved (of which 42,000 were approved), about 20% more than the government's planned annual target of 105,000 housing units and 20% more than last year. The apartment rental company is about 2,200 units for long-term rental combined with commercial and employment space totaling 18,000 square meters marketed during the year.

The total number of households that issued permits to participate in the "occupant price" project is 116,645, of which 54,969 are eligible for Series A, 52,573 are entitled to Series B, 5,135 are eligible for Series C and 3,968 are housing enhancers. Some 42,000 households have already won the lottery price occupant. About 11,000 housing units received a building permit, and an additional 9,000 units are in advanced stages of approval following the committee's decisions. More than 8,700 housing units throughout the country are in various stages of construction, and the five most sought after cities are Rishon LeZion, Herzliya, Modi'in, Beit Shemesh and Yavne. About 50% of all winners aged 31-40, 34% of the winners are under the age of 30. To date, 355 lotteries have been conducted, 61 communities are partners in the project, with 216 contractors and 112 of them (about 50%) taking part in more than one project.

The Planning Administration marks 2018 as a year that will focus on advancing the strategic housing plan, with an emphasis on quality planning that includes infrastructure aspects, which will address all the needs of the residents and promote urban renewal. Recently, an amendment to the law was approved allowing the committee to plan areas for urban renewal.

A significant record was recorded in the area of ​​approval of housing units of the Israel Lands in planning institutions. The government's target for 2017 was 65,000 and in effect 78,483 units were validated, approving the plans constituting 131% of the government's target.In 2018, the Israel Lands Authority decided to shorten its marketing time and increase the number of marketing hikes above the annual demand.

The company has published 17 tenders, this year occupied a second project in Ramat Hasharon and doubled the scope of land for long-term rental and the projects that are marketed there: about 2,200 units for long-term rental combined with retail space And employment of 18,000 square meters. In 2018, the company will invest in improving the rental market in Israel and in creating additional ways to create an inventory of apartments for long-term rental.


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