Economy · Full coverage
Tel Aviv Luxury Market Defies the Slowdown With a Sh 45 Million Penthouse Sale
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
100% centerFirst reported by N12 · 7 days ago
Center 2
What happened
A penthouse in Tel Aviv’s Old North sold for 45 million shekels, reflecting the resilience of the city’s luxury market despite a broader housing slowdown. Separate high-end deals in Sde Dov also topped 100 million shekels combined.
- 01Tel Aviv luxury homes are still selling for tens of millions despite market weakness.
- 02An Ousishkin Street penthouse sold for 45 million shekels after three months on market.
- 03The 358-square-meter home cost about 110,400 shekels per square meter.
- 04Sde Dov’s FIRST project logged three luxury sales worth over 100 million shekels.
- 05Buyers were mainly affluent Israelis and Europeans, according to brokers and valuers.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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