| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 8
|
RM 22,000
|
RM 70
|
315 sqft
|
|
Serviced Apt |
|
Level 2
|
RM 52,000
|
RM 165
|
315 sqft
|
|
Condo |
|
Level G
|
RM 160,000
|
RM 140
|
1,141 sqft
|
|
|
|
Level 2
|
RM 135,000
|
RM 118
|
1,141 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 131
|
1,141 sqft
|
|
|
Bukit Merah Lake Town
|
RM 540,000
|
RM 112
|
4,811 sqft
|
|
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Market Snapshot
ResidentialRM 137,500
RM 118 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 138K and a median price per square foot (PSF) of RM 118.
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 RM 138K, with most transactions falling within a stable range of RM 91K to RM 184K, and a typical market range of RM 94K to RM 181K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 118, with core pricing between RM 100 and RM 137. Market pricing typically extends from RM 101.32 to RM 135.32, reflecting moderate variation in unit pricing. The spread of RM 34.00 (IQR) and deviation of RM 19 (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.