Monday, January 11, 2010

Update on prices in Ramat Bet Shemesh A,etc

4 room apartments in RBS have already passed the NIS 900,000 mark and are now selling in the range of NIS930K-NIS960K
3 room apartments are selling for NIS 800k to NIS 830K whilst 5 rooms go for NIS1,300K to NIS 1,350k, an increase of 10 to 12% over 2008.
In the Sheinfeld neighbourhood prices tend to be similar to that of RBS A , except for the older buildings (about 20 years of age) there prices can be 5 to 10% less
In the old Bet Shemesh, prices rose over the las 2 years by about 35%, today a 3 room apt can be had for around half a million Shekalim (2 years ago the same
apartment was sold for NIS 370,000)

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