Perak
Kerian
Gunung Semanggol
BUKIT MERAH LAKE TOWN

BUKIT MERAH LAKE TOWN

Area Intelligence

2022

Median Price

RM 164,500

PSF: RM 122

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Residential PSF Trends

Median Price

RM 164,500

PSF: RM 122

BUKIT MERAH LAKE TOWN in Kerian, Perak recorded 6 subsale transactions in 2022, with a median price of RM 165K and a median price per square foot (PSF) of RM 122.

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 165K, with most transactions falling within a stable range of RM 24K to RM 333K, and a typical market range of RM 121K to RM 208K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 122, though individual units vary from RM 76 to RM 167 in the core range. The broader market spans RM 104.50 to RM 138.50, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 46) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BUKIT MERAH LAKE TOWN, Kerian, Perak

OSM

Track location

Transactions

6 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 24,000

Level 1

465 sqft • RM 52.00 PSF

Dec 2022

RM 190,000

Level 3

1,716 sqft • RM 111.00 PSF

Dec 2022

RM 540,000

BUKIT MERAH LAKE TOWN

4,811 sqft • RM 112.00 PSF

Oct 2022

RM 150,000

Level 1

1,141 sqft • RM 131.00 PSF

Aug 2022

RM 179,000

Level G

904 sqft • RM 198.00 PSF

Jun 2022

RM 52,000

Level 2

315 sqft • RM 165.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 1	RM 24,000	RM 52.00	465 sqft	Dec 2022	Condo/Apartment
Level 3	RM 190,000	RM 111.00	1,716 sqft	Dec 2022	Condo/Apartment
BUKIT MERAH LAKE TOWN	RM 540,000	RM 112.00	4,811 sqft	Oct 2022	Bungalow
Level 1	RM 150,000	RM 131.00	1,141 sqft	Aug 2022	Condo/Apartment
Level G	RM 179,000	RM 198.00	904 sqft	Jun 2022	Condo/Apartment
Level 2	RM 52,000	RM 165.00	315 sqft	Mar 2022	Condo/Apartment