Bukit Merah Lake Town

Perak, Kerian, Gunung Semanggol

Property Transactions

2 subsales found

Median
RM37,000
PSF
RM117
Price Size
Period
transactions middle 50% (P25–P75)
RM22,000
Level 8
315 sqft RM70 PSF
RM52,000
Level 2
315 sqft RM165 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM37,000

RM117 psf

Median 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.