Rashbag 37, Jerusalem

Rashbag Street 37 sits in Katamon, in south west Jerusalem, and the permit for the building that replaces the existing block was approved on 20 July 2026 under plan 101-1275866. The plan cancels the building scheme fixed by the earlier plan 406504 and adds housing units designated for rental, for a programme of 25 homes. The operation runs on the TAMA 38/2 urban renewal track, so the standing building comes down and a new one goes up on the same plot.

The permit elevations draw a single block of ground floor plus seven upper floors, topped by a set back roof storey, over three basement parking levels reached by a ramp from the street. Balconies run across the street and garden facades on every residential floor, and the facades are drawn as coursed stone, the cladding Jerusalem requires on new buildings. David Balatzky is the architect of record. Talia Development and Investments Ltd is the developer named on the project record published by Madlan.

Katamon puts the address 640 m from the Pat junction bus interchange and 700 m from Begin Highway, which carries traffic north to the city centre and south towards Malha. San Simon Park is 750 m on foot. Emek Refaim Street and the German Colony sit 1.4 km east, Teddy Stadium 1.8 km and Malha Mall about 2 km west. Madlan puts the average resale price across Katamon at 43,000 shekels per square metre, for a gross rental yield of 1.89 percent.

The project stands at the permit stage and construction has not started. The milestones on this page are calculated from the approval date of 20 July 2026, which places the close of the appeal window in October 2026, the start of works in November 2026, weather tight cover in July 2027 and handover in July 2028. The developer has published no sales site, price list or apartment mix for this address, so typologies and prices will be added here as they are released.