| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM22,000
|
RM70
|
315 sqft
|
|
Serviced Apt |
|
Level 2
|
RM52,000
|
RM165
|
315 sqft
|
|
Condo |
|
Level G
|
RM160,000
|
RM140
|
1,141 sqft
|
|
|
|
Level 2
|
RM135,000
|
RM118
|
1,141 sqft
|
|
|
|
Level 1
|
RM150,000
|
RM131
|
1,141 sqft
|
|
|
Bukit Merah Lake Town
|
RM540,000
|
RM112
|
4,811 sqft
|
|
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Bukit Merah Lake Town
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Gunung Semanggol
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Market Snapshot
ResidentialRM137,500
RM118 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 12 subsale transactions between 2021 and 2026, with a median price of RM138K and a median price per square foot (PSF) of RM118.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM138K, with most transactions falling within a stable range of RM91K to RM184K, and a typical market range of RM94K to RM181K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM118, with core pricing between RM100 and RM137. Market pricing typically extends from RM101.32 to RM135.32, reflecting moderate variation in unit pricing. The spread of RM34.00 (IQR) and deviation of RM19 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.