| Road | Price | PSF | Size | Date | Type |
|---|
|
Bukit Merah Lake Town
|
RM540,000
|
RM112
|
4,811 sqft
|
|
Selling in Bukit Merah Lake Town? Homes here sold for a median of RM164,500.
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Bukit Merah Lake Town
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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
ResidentialRM164,500
RM122 psfMedian transaction price
Bukit Merah Lake Town in Kerian, Perak recorded 6 subsale transactions in 2022, with a median price of RM165K and a median price per square foot (PSF) of RM122.
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 RM165K, with most transactions falling within a stable range of RM24K to RM333K, and a typical market range of RM121K to RM208K.
Most transactions involved condominium/apartment, though some variety exists in the market.
Price per square foot shows a median of RM122, though individual units vary from RM76 to RM168 in the core range. The broader market spans RM104.85 to RM138.85, indicating diverse property characteristics. A wider spread (IQR: RM34.00) and deviation (MAD: RM46) 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.