Maale Adumim: Employment Tenders Closed at NIS 34M, Housing Tenders Unanswered

Two plots in the Tzipor Midbar neighborhood were sold for employment use, while housing tenders in the same area drew no bidders

According to the report, two plots in the Tzipor Midbar neighborhood of Maale Adumim were marketed in Israel Land Authority tenders for employment use, totaling approximately 8,400 square meters of construction. The plots were purchased by Fama and Super Deal Real Estate for a combined total of about NIS 34 million. According to the report, the winning bids were below the authority's appraised values. Meanwhile, housing tenders published in the same area reportedly received no bids.

What this means for land buyers

The outcome suggests current demand favors employment-designated land over residential plots in this area, which may affect the future development mix in Maale Adumim. Investors and prospective buyers of residential land should monitor follow-up tenders and updated terms from the Israel Land Authority.

Further reading

• Active tenders and results
• Taxation of land purchase