| LIST.MY · Bukit Merah Lake Town | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level G
|
RM160,000
|
RM140
|
1,141 sqft
|
|
Condo |
|
Level 2
|
RM135,000
|
RM118
|
1,141 sqft
|
|
Condo |
| 2022 | |||||
|
Level 1
|
RM150,000
|
RM131
|
1,141 sqft
|
|
Condo |
Selling in Bukit Merah Lake Town? Homes here sold for a median of RM150,000.
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PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Gunung Semanggol
Market Snapshot
ResidentialRM150,000
RM131 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 3 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM150K and a median price per square foot (PSF) of RM131.
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 RM150K, with most transactions falling within a stable range of RM140K to RM160K, and a typical market range of RM135K to RM160K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM131, with most transactions between RM122 and RM140. The usual range is RM114.47 to RM148.47, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM9 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.