{"id":8519,"date":"2026-09-26T10:48:15","date_gmt":"2026-09-26T07:48:15","guid":{"rendered":"https:\/\/rs-nadlan.com\/?page_id=8519"},"modified":"2026-09-30T04:15:39","modified_gmt":"2026-09-30T01:15:39","slug":"real-estate-agency-maoz-aviv","status":"publish","type":"page","link":"https:\/\/rs-nadlan.com\/en\/real-estate-agency-maoz-aviv\/","title":{"rendered":"Real Estate Agency in Maoz Aviv"},"content":{"rendered":"<!--RS_FORM_HEADING:Looking for an apartment in Maoz Aviv? Contact us-->\n<style>\n.rsn-wrap{max-width:90vw;margin:0 auto;padding:0 20px;font-family:inherit;color:#041328;direction:ltr}\n.rsn-hero{position:relative;margin:0 calc(50% - 50vw) 0;min-height:min(74vh,660px);display:flex;align-items:center;justify-content:center;background-image:url('https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/ramat-aviv-gimel-boulevard-hero.jpg');background-size:cover;background-position:center 58%}\n.rsn-hero-card{position:relative;background:rgba(0,0,0,.05);backdrop-filter:blur(5px);-webkit-backdrop-filter:blur(5px);border-radius:20px;padding:38px 52px;max-width:min(780px,88vw);text-align:center}\n.rsn-hero-card h1{font-family:jabutinski,sans-serif;font-size:36px;font-weight:600;margin:0;color:#fff;line-height:1.4}\n.rsn-hero-card p{color:#fff;font-size:18px;font-weight:400;line-height:1.7;margin:12px 0 0}\n.rsn-stats{position:relative;z-index:2;display:grid;grid-template-columns:repeat(3,1fr);max-width:min(860px,88vw);margin:-52px auto 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summary{font-family:jabutinski,jabutinski-en,sans-serif;font-weight:600}\n@media(max-width:700px){.rsn-grid{grid-template-columns:1fr}.rsn-stats{grid-template-columns:1fr;margin-top:-36px}.rsn-stat{border-inline-start:0;border-top:1px solid #E8EDF3;padding:16px}.rsn-stat:first-child{border-top:0}.rsn-hero-card{padding:26px 24px}.rsn-hero-card h1{font-size:28px}}\n@media(max-width:800px){.rsn-spots{grid-template-columns:repeat(2,1fr)}}\n@media(max-width:520px){.rsn-spots{grid-template-columns:1fr}.rsn-facts{grid-template-columns:1fr}}\n<\/style>\n\n<!--RS_SEO_TITLE:Real Estate Agency in Maoz Aviv | Recommended Broker | RS Nadlan-->\n<!--RS_SEO_DESC:RS Nadlan, a real estate agency in Maoz Aviv that knows the cooperative, its bylaws and the preservation plan, for selling and buying. Free valuation.-->\n<div class=\"rsn-hero\" style=\"background-image:url('https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-hero.jpg')\">\n  <div class=\"rsn-hero-card\">\n    <h1>Real Estate Agency in Maoz Aviv<\/h1>\n    <p>The \u201ckibbutz\u201d of North Tel Aviv: a cooperative association, four story buildings around shared gardens, and one of the most close knit communities in the city<\/p>\n  <\/div>\n<\/div>\n\n<div class=\"rsn-stats\">\n  <div class=\"rsn-stat\"><b>\u20aa54,900<\/b><span>Average price per sqm, July 2026<\/span><\/div>\n  <div class=\"rsn-stat\"><b>1954<\/b><span>Year founded, named by Ben Gurion<\/span><\/div>\n  <div class=\"rsn-stat\"><b>Since 2015<\/b><span>RS Nadlan has worked in Tel Aviv, Ramat HaSharon, Herzliya, Ra\u2019anana and Kfar Saba<\/span><\/div>\n<\/div>\n\n<div class=\"rsn-wrap\">\n\n  <p class=\"rsn-lead\"><b>RS Nadlan<\/b> is a real estate marketing and brokerage company working in Tel Aviv, Ramat HaSharon, Herzliya, Ra\u2019anana and Kfar Saba, specializing in the neighborhoods of North Tel Aviv. Our offices are in Ramat Aviv Gimel. Maoz Aviv, north of the Yarkon and between Bnei Efraim Street and Refidim Street, is a neighborhood like no other in the city: a cooperative association of about 500 families that maintains all the open spaces, low rise buildings facing a shared garden, and a community life that has led residents of the area to call it a \u201ckibbutz\u201d. We know the neighborhood and the rules of the association, and we guide buyers and sellers all the way to the precise property, including Off Market properties that are not advertised on listing sites.<\/p>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">01 \u00b7 The character of the neighborhood<\/div>\n    <h2>The unique character of Maoz Aviv<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-split\">\n      <div>\n        <p>Maoz Aviv was founded in 1954 as housing for army and security forces personnel, for 742 families, and it was named by David Ben Gurion. The neighborhood and its buildings were designed by the architects Zeev Rechter and Moshe Zarhi, and Rechter won the Rokach Prize for the plan. By the end of 1956 a post office had already opened there, and a rabbi had been appointed.<\/p>\n        <p>The construction has been kept almost exactly as planned: 14 buildings that are members of the association and another 12 buildings outside it, all four stories high, and all facing a shared green space. The neighborhood is bounded by Mivtza Kadesh Street to the north, Bnei Efraim Street to the east and south, and Refidim Street to the west, which runs parallel to the Ayalon Highway and is separated from it by a dune.<\/p>\n        <p>What makes Maoz Aviv unique is the cooperative association, which brings together about 500 families and maintains all the open spaces. Residents pay it a monthly fee in addition to municipal property tax (arnona), and in return enjoy well kept lawns and an active community, with a community library, a community garden and a composting facility.<\/p>\n      <\/div>\n      <figure class=\"rsn-figure\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-facade.jpg\" alt=\"Apartments for sale in Maoz Aviv: a four story residential building from the 1950s facing a shared garden (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\"><\/figure>\n    <\/div>\n    <div class=\"rsn-facts\" style=\"margin-top:36px\">\n      <div class=\"rsn-fact\"><b>2,310<\/b><span>Residents (end of 2023)<\/span><\/div>\n      <div class=\"rsn-fact\"><b>500<\/b><span>Families in the cooperative association<\/span><\/div>\n      <div class=\"rsn-fact\"><b>26<\/b><span>Buildings, all four stories high<\/span><\/div>\n      <div class=\"rsn-fact\"><b>Rokach Prize<\/b><span>For the planning of the neighborhood<\/span><\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">02 \u00b7 Education<\/div>\n    <h2>Schools and education in Maoz Aviv<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-grid3\">\n      <div class=\"rsn-card\"><span class=\"meta\">Public elementary \u00b7 Grades 1 to 6<\/span><h3>Magen School<\/h3><p>4 Kadesh Barnea Street. About 459 students, with a sports hall. In July 2025 a new principal was appointed.<\/p><\/div>\n      <div class=\"rsn-card\"><span class=\"meta\">Special education \u00b7 Grades 1 to 12<\/span><h3>Venezuela School<\/h3><p>27 Refidim Street. A special education school with about 86 students.<\/p><\/div>\n      <div class=\"rsn-card\"><span class=\"meta\">Early childhood<\/span><h3>Municipal kindergartens<\/h3><p>The Tzav and Ficus kindergartens at 10 Refidim Street, operating in the 2026 to 2027 school year.<\/p><\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">03 \u00b7 Community, gardens and nature<\/div>\n    <h2>A kibbutz inside the city<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <figure class=\"rsn-wide\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-park.jpg\" alt=\"Real estate in Maoz Aviv: a wide shared lawn between the low rise residential buildings (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\"><\/figure>\n    <p>The open spaces are the heart of Maoz Aviv. Besides the shared lawns, the neighborhood has a hill with a monument, a sandbox garden, and a community nature site called \u201cOur Field and Forest\u201d, with trees, plants and a vernal pool.<\/p>\n    <div class=\"rsn-grid\">\n      <div class=\"rsn-card\"><h3>Community garden and vegetable garden<\/h3><p>A community garden at 12 Refidim and a productive vegetable garden at 10 Refidim, tended by the residents.<\/p><\/div>\n      <div class=\"rsn-card\"><h3>The olive grove and Refidim<\/h3><p>An olive grove and a grove along Refidim Street facing the Ayalon Highway, and a dog park at 22 Refidim.<\/p><\/div>\n      <div class=\"rsn-card\"><h3>Kadesh Barnea Garden<\/h3><p>A public garden with fitness equipment at 4 Kadesh Barnea Street, next to Magen School.<\/p><\/div>\n      <div class=\"rsn-card\"><h3>Scouts<\/h3><p>The \u201cHaNasi\u201d Scouts troop, next to Beit Venezuela, on the seam between Maoz Aviv and Tel Baruch.<\/p><\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-band\" style=\"background-image:url('https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-cafe-evening.jpg')\">\n    <div class=\"rsn-band-in\">\n      <span>Evening in Maoz Aviv<\/span>\n      <h3>A small center, two caf\u00e9s and a supermarket, and the quiet of a neighborhood where everyone knows everyone<\/h3>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">04 \u00b7 Shopping and services<\/div>\n    <h2>The shopping center and the surroundings<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-split\">\n      <figure class=\"rsn-figure\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-street.jpg\" alt=\"A quiet path between the low rise buildings and mature trees of Maoz Aviv (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\"><\/figure>\n      <div>\n        <p>The neighborhood shopping center has two caf\u00e9s, a hair salon, a supermarket and a real estate agency. At 209 Bnei Efraim Street there is a Carrefour branch, which opened in May 2023, and a branch of the GDB burger chain, which opened in early 2024.<\/p>\n        <p>Beyond that, the large centers of the northeast of the city are close by: G Mikado in North Tel Baruch, the Neot Afeka centers and Ramat Aviv Mall.<\/p>\n      <\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">05 \u00b7 Transportation and access<\/div>\n    <h2>Getting in and getting out<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-grid3\">\n      <div class=\"rsn-card\"><h3>Buses<\/h3><p>Lines 2, 3, 6, 6A, 12, 44, 47, 48, 57, 89, 137, 178 and 189 stop at the Bnei Efraim and Hadar Yosef stop, the Afeka College and Bnei Efraim stop and the Rokach Boulevard stop (September 2026 schedule).<\/p><\/div>\n      <div class=\"rsn-card\"><h3>Rail<\/h3><p>Lines 6, 6A and 57 reach the Tel Aviv University train station.<\/p><\/div>\n      <div class=\"rsn-card\"><h3>Roads<\/h3><p>Refidim Street runs parallel to the Ayalon Highway, and getting onto the Ayalon and Rokach Boulevard is quick. Line 47 also connects to Ra\u2019anana.<\/p><\/div>\n    <\/div>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">06 \u00b7 The real estate market<\/div>\n    <h2>Apartment prices in Maoz Aviv<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-facts\">\n      <div class=\"rsn-fact\"><b>\u20aa54,900<\/b><span>Average price per sqm (July 2026)<\/span><\/div>\n      <div class=\"rsn-fact\"><b>\u20aa39K to \u20aa48K<\/b><span>Per sqm in older apartments<\/span><\/div>\n      <div class=\"rsn-fact\"><b>\u20aa80K and up<\/b><span>Per sqm in new apartments, at the top<\/span><\/div>\n      <div class=\"rsn-fact\"><b>\u20aa4.35M<\/b><span>4 rooms, 110 sqm<\/span><\/div>\n    <\/div>\n    <p>According to Bizportal (July 2026), the average price in Maoz Aviv is about \u20aa54,900 per sqm. Older apartments trade at around \u20aa39,000 to \u20aa48,000 per sqm, and new apartments in renewal projects at between \u20aa49,000 and more than \u20aa80,000 per sqm. Examples: a 4 room, 110 sqm apartment for \u20aa4.35 million, a 5 room, 119 sqm apartment for \u20aa5.16 million and a 6 room, 132 sqm apartment for \u20aa5.81 million. In May 2025 a 4.5 room, 125 sqm ground floor apartment on Refidim Street sold for \u20aa7.2 million.<\/p>\n    <ul class=\"rsn-list\">\n      <li><b>Preservation:<\/b> under the TA\/5500 master plan, preservation provisions will apply to the neighborhood, with construction of up to 8 stories, and up to 9 stories in the northeast.<\/li>\n      <li><b>The association\u2019s objection:<\/b> the cooperative association filed an objection to the plan, arguing that it increases building rights, and in total more than 85 objections were filed (May 2026).<\/li>\n      <li><b>Payment to the association:<\/b> apartment owners pay a monthly fee to the association in addition to municipal property tax, and it is part of the math worth doing before buying.<\/li>\n    <\/ul>\n    <p>The properties for sale in Maoz Aviv are apartments in four story buildings, from a 4 room, 110 sqm apartment to 5 and 6 room apartments, as well as ground floor apartments. A family apartment in Maoz Aviv is close to Magen School and the kindergartens on Refidim. The price per sqm in Maoz Aviv varies greatly between older and new apartments, and you will find background on such projects in the <a href=\"https:\/\/rs-nadlan.com\/en\/urban-renewal-2026-guide-pinui-binui-tama-38\/\">urban renewal guide<\/a>. And to the question of what your apartment is worth, the answer starts with a <a href=\"https:\/\/rs-nadlan.com\/en\/property-valuation\/\">home valuation in Maoz Aviv<\/a>.<\/p>\n    <p class=\"rsn-note\">Data sources: Bizportal (July 2026), Tel Aviv Online (May 2025), TheMarker (May 2026), Globes, Wikipedia, Tel Aviv-Yafo Municipality. The figures do not replace a valuation of a specific property.<\/p>\n  <\/div>\n\n  <div class=\"rsn-cta\">\n    <h2>What is your apartment in Maoz Aviv worth?<\/h2>\n    <p>Our valuation calculator combines real deals in the neighborhood with the features of your property, and gives you an estimate within a minute, free and with no commitment.<\/p>\n    <a class=\"rsn-btn\" href=\"https:\/\/rs-nadlan.com\/en\/property-valuation\/\">Get a free valuation<\/a>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">07 \u00b7 At a glance<\/div>\n    <h2>Maoz Aviv at a glance<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-mosaic\">\n      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-aerial.jpg\" alt=\"Real estate agency in Maoz Aviv: an aerial view of the low rise buildings around the shared lawns (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\">\n      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-garden.jpg\" alt=\"The community garden on Refidim in Maoz Aviv, vegetable beds between the residential buildings (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\">\n      <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/09\/maoz-aviv-interior.jpg\" alt=\"Real estate brokerage in Maoz Aviv: a renovated living room in an apartment with a view of the shared garden (illustration)\" width=\"2560\" height=\"1429\" loading=\"lazy\">\n    <\/div>\n    <p class=\"rsn-note\">* Images for illustration only (renderings).<\/p>\n  <\/div>\n\n  <div class=\"rsn-section\">\n    <div class=\"rsn-eyebrow\">08 \u00b7 Why RS Nadlan<\/div>\n    <h2>A real estate agency in Maoz Aviv that knows the association<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <div class=\"rsn-split\">\n      <figure class=\"rsn-figure\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/rs-nadlan.com\/wp-content\/uploads\/2026\/08\/2150322087.jpg\" alt=\"An RS Nadlan broker guides a couple on an apartment tour in Maoz Aviv\" width=\"1600\" height=\"1067\" loading=\"lazy\"><\/figure>\n      <div>\n        <p>Buying in Maoz Aviv is different from buying in any other neighborhood: there is an association, there are bylaws, there is a monthly fee and there are shared spaces. In addition, whether the building is a member of the association, and the status of the preservation plan, directly affect the value.<\/p>\n        <p><b>RS Nadlan<\/b> has worked in North Tel Aviv since 2015, knows the neighborhood and its special procedures, and holds a unique property database, including properties that are not advertised on listing sites. We guide buyers and sellers from the first meeting to the handing over of the keys.<\/p>\n        <p>Anyone looking for a <b>broker in Maoz Aviv<\/b> needs someone who knows the cooperative association, the bylaws and the monthly fee, and who can tell the difference between a building that is a member of the association and one outside it. With us, real estate brokerage in Maoz Aviv covers selling and buying, a valuation that takes the preservation plan into account, and marketing apartments in Maoz Aviv in a way that also shows buyers what is special about the neighborhood: the shared garden and the community.<\/p>\n        <p>If you are planning to <a href=\"https:\/\/rs-nadlan.com\/en\/property-owners-looking-to-sell\/\">sell an apartment in Maoz Aviv<\/a>, we offer exclusive brokerage with an organized marketing plan and targeted exposure to our buyer database, including a discreet sale as an Off Market property. For buyers we find <a href=\"https:\/\/rs-nadlan.com\/en\/looking-for-a-property-interested-in-buying\/\">apartments for sale in Maoz Aviv<\/a>, and for those widening their search, we also work as a <a href=\"https:\/\/rs-nadlan.com\/en\/real-estate-agency-tel-baruch\/\">real estate agency in Tel Baruch<\/a>, next door.<\/p>\n      <\/div>\n    <\/div>\n    <div class=\"rsn-links\" style=\"margin-top:32px\"><a href=\"https:\/\/rs-nadlan.com\/en\/real-estate-agency-tel-baruch\/\">Real estate agency in Tel Baruch<\/a> <a href=\"https:\/\/rs-nadlan.com\/en\/real-estate-agency-north-tel-baruch\/\">Real estate agency in North Tel Baruch<\/a> <a href=\"https:\/\/rs-nadlan.com\/en\/real-estate-agency-afeka\/\">Real estate agency in Afeka<\/a> <a href=\"https:\/\/rs-nadlan.com\/en\/what-defines-the-north-tel-aviv-area\/\">What characterizes the North Tel Aviv area<\/a> <a href=\"https:\/\/rs-nadlan.com\/en\/real-estate-agency-ramat-hasharon\/\">Real estate agency in Ramat HaSharon<\/a> <a href=\"https:\/\/rs-nadlan.com\/en\/north-tel-aviv-neighborhoods\/\">All the neighborhoods of North Tel Aviv<\/a><\/div>\n  <\/div>\n\n  <div class=\"rsn-section rsn-faq\">\n    <div class=\"rsn-eyebrow\">09 \u00b7 Frequently asked questions<\/div>\n    <h2>Frequently asked questions about living and brokerage in Maoz Aviv<\/h2>\n    <div class=\"rsn-hr\"><\/div>\n    <details>\n      <summary>How much does an apartment in Maoz Aviv cost?<\/summary>\n      <p>According to Bizportal (July 2026), the average price is about \u20aa54,900 per sqm. Older apartments trade at around \u20aa39,000 to \u20aa48,000 per sqm, and a 4 room, 110 sqm apartment sold for \u20aa4.35 million.<\/p>\n    <\/details>\n    <details>\n      <summary>What is the Maoz Aviv cooperative association?<\/summary>\n      <p>The association brings together about 500 families and maintains all the open spaces in the neighborhood. Apartment owners pay it a monthly fee in addition to municipal property tax, and thanks to it the neighborhood is green and well kept, with an active community life.<\/p>\n    <\/details>\n    <details>\n      <summary>Which schools are there in Maoz Aviv?<\/summary>\n      <p>Magen Elementary School at 4 Kadesh Barnea Street, with about 459 students, the Venezuela special education school at 27 Refidim Street, and the municipal kindergartens at 10 Refidim.<\/p>\n    <\/details>\n    <details>\n      <summary>Can floors be added to the buildings in Maoz Aviv?<\/summary>\n      <p>Under the TA\/5500 master plan, preservation provisions will apply to the neighborhood, with construction of up to 8 to 9 stories. The association and many residents have filed objections, so it is worth following the status of the plan before buying.<\/p>\n    <\/details>\n    <details>\n      <summary>How do I contact a broker in Maoz Aviv?<\/summary>\n      <p>The RS Nadlan offices are at Kashani 3G, Ramat Aviv Gimel, Tel Aviv. Visits by appointment only. You can leave your details in the form at the bottom of the page, and a real estate advisor will get back to you for an introductory call and more details.<\/p>\n    <\/details>\n    <details>\n      <summary>How do you choose a recommended broker in Maoz Aviv?<\/summary>\n      <p>It is worth choosing someone who knows the cooperative association and the neighborhood bylaws, from Refidim to Bnei Efraim, and who can explain how membership in the association and the preservation plan affect the price. Ask for pricing based on real deals, a written marketing plan for the exclusivity period, a transparent commission agreed in advance and a valid license (<a href=\"https:\/\/rs-nadlan.com\/en\/how-to-check-real-estate-broker-license\/\">how to check a brokerage license<\/a>). A good real estate agency in Maoz Aviv will also spell out the monthly fee to the association in advance.<\/p>\n    <\/details>\n  <\/div>\n\n  <\/div>\n\n<script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"RealEstateAgent\",\"@id\":\"https:\/\/rs-nadlan.com\/en\/#rs-agent\",\"name\":\"RS Nadlan\",\"url\":\"https:\/\/rs-nadlan.com\/en\/\",\"telephone\":\"+972775004600\",\"address\":{\"@type\":\"PostalAddress\",\"streetAddress\":\"Kashani 3G\",\"addressLocality\":\"Tel Aviv-Yafo\",\"addressCountry\":\"IL\"},\"areaServed\":\"Maoz Aviv\"},{\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"How much does an apartment in Maoz Aviv cost?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"According to Bizportal (July 2026), the average price is about \u20aa54,900 per sqm. 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