Shikun Ovdim has recently sold members of Hever (defense establishment servicemen and retirees) 63 apartments - 26 in Givatayim and 37 in Kiryat Ono - for $18 million. Hever members usually receive a 7% discount and are exempt from lawyer’s fees.
Hever members purchased 3-room low-storey apartments in Givatayim for $230,000 (more storeys are to be added) and 4-room apartments for $265,000. Four-room apartments and 3.5-room ground-floor apartments with gardens in Kiryat Ono were sold for $250,000.
Published by Israel's Business Arena August 8, 1999