Bukit Merah Lake Town

Perak, Kerian, Gunung Semanggol

Property Transactions

1 subsales found

Median
RM87,000
PSF
RM47
Price Size
Period
transactions middle 50% (P25–P75)
RM87,000
Level D
1,862 sqft RM47 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM87,000

RM47 psf

Median transaction price

Bukit Merah Lake Town in Kerian, Perak recorded 1 subsale transactions between 2021 and 2026, sized between 1,825 and 1,874 sqft, with a median price of RM87K and a median price per square foot (PSF) of RM47.

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

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

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

For price per square foot, the median is RM47, with most transactions between RM47 and RM47. The usual range is RM29.72 to RM63.72, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM0 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.