| LIST.MY · Bukit Merah Lake Town | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 8
|
RM22,000
|
RM70
|
315 sqft
|
|
Serviced Apt |
|
Level G
|
RM160,000
|
RM140
|
1,141 sqft
|
|
Condo |
|
Level 2
|
RM135,000
|
RM118
|
1,141 sqft
|
|
Condo |
Selling in Bukit Merah Lake Town? Homes here sold for a median of RM135,000.
Free to list, about two minutes, and the buyers reading this page will see it.
Posts about Bukit Merah Lake Town
No posts about Bukit Merah Lake Town yet. Be the first to share what’s happening here.
Nearby areas in Gunung Semanggol
Taman Semanggol Jati
Bukit Merah Lake Town
Taman Indah Jaya (Rpa Semanggol 2)
Taman Semanggol Harmoni
Rpa Gunung Semanggol I
Taman Semanggol Aman
Taman Semanggol Permai
Kampung Baru Pondok Tanjung
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
ResidentialRM135,000
RM118 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 3 subsale transactions in 2024, with a median price of RM135K 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 RM135K, with most transactions falling within a stable range of RM75K to RM160K, and a typical market range of RM92K to RM160K.
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 RM89 to RM148 in the core range. The broader market spans RM101.32 to RM135.32, indicating diverse property characteristics. The spread of RM34.00 (IQR) and deviation of RM29 (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.