Tuesday, January 8, 2008

The garden city north of Tel Aviv

At the moment, the decision to live in Hod Hasharon is largely financial as a 100 to 120 square meter apartment in the middle- class areas of Tel Aviv can cost some $500,000 compared to approximately $320,000 in Hod Hasharon.

"The price of an average 100 sq. m. apartment in Hod Hasharon is approximately $330,000 compared to $500,000 in Tel Aviv, $400,000 in Ra'anana and $360,000 in Kfar Saba," according to Dror Limor the Re/MAX franchisee in Hod Hasharon.

"We have adapted our new projects to this demand for extra large apartments. Even three-room apartments have to be 110 sq.m., on average," says Edna Hasson deputy general manager marketing at the Prizat Hasson real estate company, which builds extensively in Hod Hasharon. "A four-room apartment of 130 to 140 sq. m. is common in our projects. The same holds true for penthouses and garden apartments. Customers demand large open spaces terraces or roofs and large gardens - 100 sq. m. of terrace or 200 sq. m. of garden are not uncommon in our building projects."

All the copyrights saved to "jerusalem post" to JOHN BENZAQUEN

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