General16:37 · 9m ago

Premium Spacious Apartments Launch in Beit Shemesh's New 'Olmiya on the Park' Project

Behadrei HaredimReligious
Translated & summarized from Behadrei Haredim by baba
The story · English

The 'Olmiya on the Park' residential project in Beit Shemesh's Ramat He neighborhood is attracting significant attention amid growing demand for large family apartments. Located strategically between Ramat Alef, Ramat Gimel 2, and Neve Shamir, the development offers about 570 premium housing units across seven buildings. These include spacious 5- and 6-room apartments, garden apartments, and 7-room duplexes with large balconies and open views of the nearby Yermot Park, one of the area's largest green spaces.

Designed with the modern Haredi family in mind, the project emphasizes quality of life through open building lines and panoramic park views. Prices start at 3.19 million shekels, with buyers benefiting from an exemption from the construction price index, a notable advantage amid rising building costs. The developer, Shay-Chai Group, a leading Israeli construction company entering the Haredi sector for the first time, currently manages over 13,000 housing units in various stages of planning and construction.

The project also features an attractive purchase plan allowing buyers to pay only 10% upfront upon signing, subject to a contractor loan, with the remainder due near delivery. This flexible payment structure appeals to families seeking to upgrade their living conditions in a high-quality neighborhood tailored to their lifestyle needs.

Read the original at Behadrei Haredim
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