A new residential complex on Katzenelson Street in the Ramat Yosef district: five 27-storey towers inside an established urban setting, next to a park, transport and shops.
The complex is being built by the developer Maoz Daniel at Katzenelson 41: five residential towers of 27 floors and around 560 apartments, rising on the site of older housing as part of the urban renewal of the Ramat Yosef district.
Two things come together here that do not always meet: a completely new residential complex and an existing city district. Schools, kindergartens, shops, transport and public facilities have worked around it for years, while the buyer gets a modern apartment, underground parking, a storage unit and the amenities of a new complex.
What the developer offers in one building: from a compact apartment to a penthouse with a pool. Bar length is floor area, price on the right.
The project runs from family apartments to upper-segment property:
Depending on the type, parking spaces and a storage unit are included, and some 5-room apartments and penthouses come with two parking spaces. So the project appeals not only to a buyer of a standard new apartment but to a family looking for a large, high-standard home inside Bat Yam.
Floors 25 to 27 form a category of their own, with special formats including large penthouses and generous terraces; some are planned with private pools and open views towards the sea.
Such apartments cannot be compared with standard ones by price per square metre alone. What counts is the floor, the terrace area, the orientation, how open the view is, the number of parking spaces and the layout of the specific penthouse.
A buyer of a new-build often has to choose between a modern apartment and a ready urban setting. Here that choice is not required: the complex is going up inside Ramat Yosef, a long-established part of Bat Yam with schools, kindergartens, cultural facilities and shops already around it.
The complex itself adds about 6 dunams of green space with walking areas, seating, play areas for children and sports facilities.
The location suits people working in Tel Aviv and the other cities of Gush Dan. The Bat Yam-Yoseftal railway station is within walking distance, the Red Line of the light rail runs nearby, and the Ayalon exit gives quick movement north and south.
In other words, there is no need here to choose between a new home and good transport.
The project is not on the seafront, and we think it right to say so plainly.
But the upper western floors open onto a panorama towards the Mediterranean, and the beaches and promenade of Bat Yam are walkable. For a buyer that is a sensible trade-off: living inside the city, close to transport and amenities, while staying near the sea.
Such a deal is structured differently from a resale purchase, and the advertised price is not enough to go on. What matters:
A handsome floor plan is only the start of the checks. Before signing, a buyer should understand the full cost of the deal and the obligations on both sides.
It is a fair question. A sales department represents one project, and that is its job. Ours is to help the buyer look wider.
We compare an apartment in THE FIVE with other new Bat Yam projects, with a completed apartment in Park HaYam or with a suitable resale property. If a particular apartment here really is the strong option for that budget, we will show it. If the market holds a better alternative, the client should know about that too.
We work with the offers in THE FIVE and accompany clients considering a purchase straight from the developer: helping choose the type of apartment, compare floors and layouts, understand the terms and go through the contract with the client lawyer before signing.
For a buyer abroad and for Russian-speaking clients this is particularly useful: complex terms can be worked through calmly in a language they know, rather than decided on the strength of a sales presentation.
Above all families who want a large new apartment in Bat Yam but prefer to live inside the city. And anyone who values transport to Tel Aviv, a modern building, parking, storage and the option of a high floor.
A separate audience is buyers of mini penthouses and penthouses looking for a rarer format with large open spaces and a view.
There is one more point worth making. The project shows the direction in which the city itself is changing: a large modern complex is replacing older low-rise housing, yet the district around it does not disappear.
This is not a separate new quarter on the edge of town but the renewal of the city itself. For a buyer looking 10 to 15 years ahead, that is worth weighing.
Tell us what you need: budget, rooms, timing. We will match options, including ones that never reach public advertising.