BUKIT MERAH LAKE TOWN

Area Intelligence
2022
Median Price
RM 164,500
PSF: RM 122

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.

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

For price per square foot, the median is RM 122, with most transactions between RM 122 and RM 122. The usual range is RM 104.50 to RM 138.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BUKIT MERAH LAKE TOWN, Kerian, Perak

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Transactions

5 transactions grouped by size

300 sqft
Condo/Apartment
RM 52,000
Level 2
315 sqft · RM 165 PSF
450 sqft
Condo/Apartment
RM 24,000
Level 1
465 sqft · RM 52 PSF
900 sqft
Condo/Apartment
RM 179,000
Level G
904 sqft · RM 198 PSF
1,150 sqft
Condo/Apartment
RM 150,000
Level 1
1,141 sqft · RM 131 PSF
1,700 sqft
Condo/Apartment
RM 190,000
Level 3
1,716 sqft · RM 111 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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