Selling in Bukit Merah Lake Town? Homes here sold for a median of RM37,000.
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Posts about Bukit Merah Lake Town
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Bukit Merah Lake Town
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Taman Semanggol Harmoni
Rpa Gunung Semanggol I
Taman Semanggol Aman
Taman Semanggol Permai
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Taman Gedong Indah
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
ResidentialRM37,000
RM117 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 2 subsale transactions between 2021 and 2026, sized between 275 and 324 sqft, with a median price of RM37K and a median price per square foot (PSF) of RM117.
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 RM37K, with most transactions falling within a stable range of RM22K to RM52K, and a typical market range of RM22K to RM52K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM117, though individual units vary from RM70 to RM165 in the core range. The broader market spans RM100.48 to RM134.48, indicating diverse property characteristics. A wider spread (IQR: RM34.00) and deviation (MAD: RM48) indicate significant PSF variations, likely due to diverse property types or conditions.
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.