Pinui Binui in Ramat Shlomo – Opportunities and Updates 2026 | Real Estate News | חדשות נדל"ן | מרכז הנכסים

Pinui Binui in Ramat Shlomo – Current Situation and Opportunities

Ramat Shlomo was mainly built in the 70s and 80s, and dozens of buildings in the neighborhood have already surpassed 40 years of age. This situation makes Ramat Shlomo one of the neighborhoods in Jerusalem with the highest potential for urban renewal processes – both through TAMA 38 and through more comprehensive Pinui Binui.

What is Pinui Binui and How Does it Affect Residents?

Pinui Binui is a process in which an old building is demolished and replaced with a new, taller building. The existing residents receive a new apartment in the new building – usually larger, with a protected room (Mamad), an elevator, and parking – at no cost to them. The profit for the developer comes from selling the additional apartments created due to the vertical construction.

What is Happening in Ramat Shlomo Today?

Several buildings in Ramat Shlomo are already at various stages of examining Pinui Binui, with developers submitting proposals and engaging in discussions with homeowners' committees. The streets near Malachi Street and Yehezkel Street, where the oldest buildings are located, have the highest potential. It is important to conduct thorough research before purchasing an apartment in an old building – it may be an excellent investment opportunity, but the realistic chances of a Pinui Binui process should be assessed.

Advice for Residents and Investors