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.

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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