Area Intelligence

BUKIT MERAH LAKE TOWN

1 properties
Service Apartment
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Median Price
RM 22,000
PSF: RM 70

Residential Market

Median Price

RM 22,000

IQR: RM 34
MAD: RM 19
RM 70 PSF 9.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BUKIT MERAH LAKE TOWN in Kerian, Perak recorded 1 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 22K and a median price per square foot (PSF) of RM 70.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Service Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 70, with most transactions between RM 70 and RM 70. The usual range is RM 53.00 to RM 87.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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

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Transactions

1 properties grouped by size

300 sqft
1 units Service Apartment
RM 22,000
315 sqft · RM 70.00 PSF
Nov 2024