Bukit Merah Lake Town

Perak, Kerian, Gunung Semanggol

Property Transactions

10 subsales grouped by size

Median
RM137,500
PSF
RM125
Price Size
Period
transactions middle 50% (P25–P75)
300 sqft
Condo
RM52,000
Level 2
315 sqft · RM165 PSF
450 sqft
Condo
RM24,000
Level 1
465 sqft · RM52 PSF
800 sqft
Condo
RM95,000
Level 5
803 sqft · RM118 PSF
900 sqft
Condo
RM179,000
Level G
904 sqft · RM198 PSF
1,050 sqft
Condo
RM140,000
Level 1
1,049 sqft · RM133 PSF
1,150 sqft
Condo
RM160,000
Level G
1,141 sqft · RM140 PSF
RM135,000
Level 2
1,141 sqft · RM118 PSF
RM150,000
Level 1
1,141 sqft · RM131 PSF
1,700 sqft
Condo
RM190,000
Level 3
1,716 sqft · RM111 PSF
1,850 sqft
Condo
RM87,000
Level D
1,862 sqft · RM47 PSF
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Market Snapshot

Residential

RM137,500

RM125 psf

Median transaction price

Bukit Merah Lake Town in Kerian, Perak recorded 10 Condo/Apartment properties subsale transactions between 2021 and 2026, with a median price of RM138K and a median price per square foot (PSF) of RM125.

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 RM138K, with most transactions falling within a stable range of RM85K to RM190K, and a typical market range of RM94K to RM181K.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM125, though individual units vary from RM81 to RM168 in the core range. The broader market spans RM107.89 to RM141.89, indicating diverse property characteristics. A wider spread (IQR: RM34.00) and deviation (MAD: RM44) 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.