New Developments in Givatayim

2 listings found type Penthouse

New projects Givataim — Tama 38 in the city adjacent to Tel Aviv

Givataim (60,000 inhabitants) is an affluent residential city adjacent to Tel Aviv to the east, known for its quality of life, its public schools among the best in Israel and its garden-city atmosphere. The new housing market is dominated by Tama 38 (seismic reinforcement + adding floors) because the city is already almost entirely built up. True new projects from scratch are rare.

Tama 38 in Givataim allows replacing or enriching buildings from the 50s-70s by adding 2-3 floors and completely renovating facades, common areas and existing apartments. Buyers can acquire the added new apartments (penthouses with large terraces, apartments on the new floors). Features are modern: mamad, parking, elevator, renovated facade.

The neighborhoods with the most active new projects

Borochov — central neighborhood with intensive Tama 38, tree-lined streets. New penthouse prices: 38,000 to 50,000 ₪/sqm.

City center (Rambam, Katznelson) — Tama 38 and some Pinui-Binui projects. Prices: 35,000 to 45,000 ₪/sqm.

Gvanim — family residential neighborhood, Tama 38 in progress. Prices: 32,000 to 42,000 ₪/sqm.

Shinkin (Tel Aviv border) — Premium Tama 38 with immediate proximity to Tel Aviv. Prices: 40,000 to 55,000 ₪/sqm.

The new housing market in Givataim

For a new 4-room apartment (Tama 38 penthouse) in Givataim, expect 2.2 to 3.5 million ₪. Penthouses with large terraces can reach 4.5 million ₪. Givataim costs 15-20% less than North Tel Aviv for comparable post-Tama construction quality. The city benefits from an exceptional position (5 min from Tel Aviv center) and renowned schools. Tight market: little supply, strong family demand.

For off-plan purchases and Tama 38, see our complete guide.

10 2030 2 units

Penthouse

Givatayim

From 14,043,000 ₪

Up to 14,304,000 ₪

Available :

Penthouse, 5 rooms, 174 m²

Penthouse, 6 rooms, 180 m²

View units

Questions fréquentes sur Givatayim

For a new 4-room apartment (Tama 38 penthouse), 2.2 to 3.5 million ₪. Premium penthouses with large terraces: up to 4.5 million ₪. Per sqm: 32,000 to 55,000 ₪. Givataim is among the 5 most expensive cities in Israel. 15-20% cheaper than North Tel Aviv for comparable Tama 38.

Tama 38 is an Israeli national plan that allows strengthening old buildings against earthquakes while adding additional floors. Developers finance the work in exchange for the right to sell the added new apartments. In Givataim, almost all old buildings from the 50s-70s are candidates.

Givataim offers the same quality of life and urban proximity (5 min from Tel Aviv center) as North Tel Aviv, but 15-20% cheaper. Public schools among the best in Israel, garden-city atmosphere, tree-lined streets, parks (Menashe, Ben Yehuda). Families with children often find Givataim more suitable than Tel Aviv.

Yes but the program is evolving. Tama 38/1 (reinforcement + adding floors) is expiring in certain municipalities (including Givataim partially) and is being replaced by specific municipal plans. Many already launched projects continue their construction, new ones must go through the new local schemes.

Yes, it's common. Tama 38 penthouses are particularly sought after by international investors (terrace, view, new in mature location). Developers offer files in English, financing possible via Israeli banks with 50% down payment for non-residents. Power of attorney for remote signing.