Bukit Merah Lake Town

Perak, Kerian, Gunung Semanggol

Property Transactions

4 subsales grouped by size

Median
RM115,000
PSF
RM118
Price Size
Period
transactions middle 50% (P25–P75)
300 sqft
Serviced Apt
RM22,000
Level 8
315 sqft · RM70 PSF
800 sqft
Condo
RM95,000
Level 5
803 sqft · RM118 PSF
1,150 sqft
Condo
RM160,000
Level G
1,141 sqft · RM140 PSF
RM135,000
Level 2
1,141 sqft · RM118 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM115,000

RM118 psf

Median transaction price

Bukit Merah Lake Town in Kerian, Perak recorded 4 subsale transactions between 2021 and 2026, with a median price of RM115K and a median price per square foot (PSF) of RM118.

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 RM115K, with most transactions falling within a stable range of RM63K to RM160K, and a typical market range of RM72K to RM158K.

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

Price per square foot shows a median of RM118, though individual units vary from RM93 to RM144 in the core range. The broader market spans RM101.31 to RM135.31, indicating diverse property characteristics. The spread of RM34.00 (IQR) and deviation of RM26 (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.