BUKIT MERAH LAKE TOWN

Area Intelligence
2022
Median Price
RM 52,000
PSF: RM 165

Residential PSF Trends

Median Price

RM 52,000

PSF: RM 165

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 24K to RM 119K, and a typical market range of RM 24K to RM 95K.

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

Price per square foot shows a median of RM 165, though individual units vary from RM 102 to RM 228 in the core range. The broader market spans RM 148.00 to RM 182.00, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 63) 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

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Transactions

3 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

No Properties For Sale

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

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