| Road | Price | PSF | Size | Date | Type |
|---|
|
Level G
|
RM 160,000
|
RM 140
|
1,141 sqft
|
|
|
|
Level 2
|
RM 135,000
|
RM 118
|
1,141 sqft
|
|
|
|
Level 1
|
RM 150,000
|
RM 131
|
1,141 sqft
|
|
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Market Snapshot
ResidentialRM 137,500
RM 125 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 10 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM 138K and a median price per square foot (PSF) of RM 125.
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 138K, with most transactions falling within a stable range of RM 85K to RM 190K, and a typical market range of RM 94K to RM 181K.
Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 125, though individual units vary from RM 81 to RM 168 in the core range. The broader market spans RM 107.89 to RM 141.89, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 44) 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.