BUKIT MERAH LAKE TOWN

BUKIT MERAH LAKE TOWN in Kerian, Perak recorded 3 subsale transactions in 2022, with a median price of RM 52K and a median price per square foot (PSF) of RM 165.

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 52K, with most transactions falling within a stable range of RM 6K to RM 99K, and a typical market range of RM 9K to RM 95K.

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

The median PSF stands at RM 165, with core pricing between RM 147 and RM 184. Market pricing typically extends from RM 148.00 to RM 182.00, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.