BUKIT MERAH LAKE TOWN
Residential Market
Median Price
RM 22,000
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 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 22,000
|
RM 70.00
|
315 sqft
|
Nov 2024
|