Area Intelligence

BUKIT MERAH LAKE TOWN

12 properties
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Median Price
RM 137,500
PSF: RM 118

Residential Market

Median Price

RM 137,500

IQR: RM 34
MAD: RM 19
RM 118 PSF 9.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BUKIT MERAH LAKE TOWN in Kerian, Perak recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 138K and a median price per square foot (PSF) of RM 118.

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 91K to RM 184K, and a typical market range of RM 94K to RM 181K.

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

The median PSF stands at RM 118, with core pricing between RM 100 and RM 137. Market pricing typically extends from RM 101.00 to RM 135.00, reflecting moderate variation in unit pricing. The spread of RM 34.00 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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BUKIT MERAH LAKE TOWN, Kerian, Perak

OSM

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Transactions

12 properties found

Service Apartment
RM 22,000
315 sqft Nov 2024
RM 70.00 PSF
Condo/Apartment
RM 160,000
1,141 sqft Sep 2024
RM 140.00 PSF
Condo/Apartment
RM 135,000
1,141 sqft Feb 2024
RM 118.00 PSF
Condo/Apartment
RM 95,000
803 sqft Dec 2023
RM 118.00 PSF
Condo/Apartment
RM 24,000
465 sqft Dec 2022
RM 52.00 PSF
Condo/Apartment
RM 190,000
1,716 sqft Dec 2022
RM 111.00 PSF
Detached BUKIT MERAH LAKE TOWN
RM 540,000
4,811 sqft Oct 2022
RM 112.00 PSF
Condo/Apartment
RM 150,000
1,141 sqft Aug 2022
RM 131.00 PSF
Condo/Apartment
RM 179,000
904 sqft Jun 2022
RM 198.00 PSF
Condo/Apartment
RM 52,000
315 sqft Mar 2022
RM 165.00 PSF
Condo/Apartment
RM 87,000
1,862 sqft Oct 2021
RM 47.00 PSF
Condo/Apartment
RM 140,000
1,049 sqft Sep 2021
RM 133.00 PSF