TAMA 38 was a national plan to upgrade a single existing building, either by reinforcing it and adding floors or by demolishing and rebuilding that one building. It has now ended for new projects and been replaced by local building-renewal plans under the 2022 Shaked Alternative. Pinui-binui (pinuy binuy) is different and still active: it evacuates and rebuilds a whole compound of several buildings under the 2006 Pinui-Binui Law. The enduring distinction for a buyer is single building versus whole compound, and in both the price should reflect the project's documented statutory stage.
TAMA 38 was a single-building program. Pinui-binui is a whole-compound program. That distinction drives the scale, the timeline, the uplift, and the risk you buy into, and it holds even now that single-building renewal has moved from TAMA 38 to local plans.
TAMA 38 (National Outline Plan 38) stopped accepting new permit applications in 2022. It has been replaced by the Shaked Alternative (in Hebrew, "chalufat Shaked"), enacted as Amendment 136 to the Planning and Building Law. Instead of one national plan, each municipality now sets its own local building-renewal policy (in Hebrew, "hitchadshut binyanit"), with tools such as a betterment levy and expanded building rights. In a limited group of municipalities, TAMA 38 continued to apply during a transition period until the local replacement plan took effect. Buildings already permitted under TAMA 38 proceed to completion. Pinui-binui sits under a separate law and was not affected by this change.
| Factor | Single-building renewal (TAMA 38, now local plans) | Pinui-Binui |
|---|---|---|
| Scope | One existing building | An entire compound of multiple buildings |
| Legal basis | Formerly TAMA 38; now local building-renewal plans under the 2022 Shaked Alternative (Amendment 136) | Pinui-Binui Law, 2006 (with the 2021 Section 5א amendment) |
| Building-level variants | Reinforce and add floors (residents stay), or demolish and rebuild the one building | Evacuate residents, demolish, and rebuild the whole compound at higher density |
| Typical scale | Small, one address | Large, dozens to hundreds of units |
| Typical timeline | Shorter, often 3 to 6 years | Longer, often 6 to 10 years |
| Floor-area uplift | Modest | Larger, typically 30 to 90 percent |
| Owner threshold | Fewer owners to align in one building | Needs a supermajority across many owners in the compound |
| Status in 2026 | TAMA 38 ended for new permits (2022); replaced by local building-renewal plans (Shaked Alternative) | A primary, active urban-renewal route |
Whichever track a project sits in, the decisive question is the same: is the price fair for the project's real, documented statutory stage? An apartment in a compound that only has a developer selected is a very different purchase from one with an approved plan and a building permit in hand. When both are marketed with the same glossy language and priced within a few percent of each other, one of them is mispriced. That gap is exactly what QUANTUM's Mispricing Index measures.
| Check before you buy | Why it matters |
|---|---|
| Which track, and under which plan | Single-building renewal and pinui-binui differ in scale, timeline, and uplift. For a building, confirm whether it runs under a legacy TAMA 38 permit or a newer local plan. |
| Documented statutory stage | The single biggest driver of value and timing. Verify it, do not trust the marketing stage. |
| Price vs stage (the mispricing gap) | Is the price fair for that stage? This is what the Index ranks. |
| Who represents you | Most agents work for the developer or seller. A buyer-side broker checks the deal on your behalf. |
QUANTUM is a buyer-side brokerage focused on pinui-binui. We represent the buyer, check the price against the compound's real planning stage, and close the purchase remotely for diaspora buyers who do not want to fly to Israel to buy. For a single-building renewal deal, a specialist in that track is the right fit; that is a different vertical.
See fairly-priced pinui-binui compounds — get a free shortlist →Deeper reading: what is pinui-binui, the Mispricing Index, how to tell if a compound is priced right, and how to buy remotely from abroad.