Following the recent gas pipeline explosion in Putra Heights, concerns over safety and property values are mounting especially after a nearby luxury bungalow was spotted on auction for nearly half its original market price.
Shared on Facebook by KL & Selangor Property Auction, the high-end, two-storey bungalow is now up for grabs at RM3.33 million a steep drop from its estimated market value of RM6.7 million. The listing appeared online just hours after the explosion, raising questions about whether the timing was coincidental or connected.
Spanning a huge 15,604 square feet, the property comes with premium features, including a private swimming pool and freehold status, granting full ownership to the buyer. But despite its appeal, the bungalow has struggled to attract interest and is already in its seventh round of auction. Bidding is set to continue until the end of the month.
Online users have been quick to react to the listing, with many pointing out the homes close proximity to the explosion site. Some have labelled it as being in the "core zone" of the blast, further fueling hesitation among potential buyers.
While the markdown may not have been a direct response to the incident, the explosion has undoubtedly added to buyer uncertainty. With public perception of the area affected and safety concerns lingering, the future of real estate in this part of Putra Heights remains unclear and so does the fate of the unsold bungalow.
Source: Weirdkaya
