BUKIT MERAH LAKE TOWN
Residential Market
Median Price
RM 137,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
10 properties
Median Price
RM 130,500
+9.1% CAGR
Median PSF
RM 123.50
+12.7% CAGR
Detached
1 properties
Median Price
RM 540,000
Median PSF
RM 112.00
Service Apartment
1 properties
Median Price
RM 22,000
Median PSF
RM 70.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 10 |
RM 130,500
±18K MAD
|
+9.13% |
RM 123.50
±7 MAD
|
+12.75% | |
| Detached | 1 |
RM 540,000
|
- |
RM 112.00
|
- | |
| Service Apartment | 1 |
RM 22,000
|
- |
RM 70.00
|
- |
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.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 22,000
|
RM 70.00
|
315 sqft
|
Nov 2024
|
Service Apartment | |
|
RM 52,000
|
RM 165.00
|
315 sqft
|
Mar 2022
|
Condo/Apartment |
|
RM 24,000
|
RM 52.00
|
465 sqft
|
Dec 2022
|
|
RM 95,000
|
RM 118.00
|
803 sqft
|
Dec 2023
|
|
RM 179,000
|
RM 198.00
|
904 sqft
|
Jun 2022
|
|
RM 140,000
|
RM 133.00
|
1,049 sqft
|
Sep 2021
|
|
RM 160,000
|
RM 140.00
|
1,141 sqft
|
Sep 2024
|
||
|
RM 135,000
|
RM 118.00
|
1,141 sqft
|
Feb 2024
|
||
|
RM 150,000
|
RM 131.00
|
1,141 sqft
|
Aug 2022
|
|
RM 190,000
|
RM 111.00
|
1,716 sqft
|
Dec 2022
|
|
RM 87,000
|
RM 47.00
|
1,862 sqft
|
Oct 2021
|
|
BUKIT MERAH LAKE TOWN
|
RM 540,000
|
RM 112.00
|
4,811 sqft
|
Oct 2022
|