Seller ethnicity and property characteristics: foreclosure sales in Malaysia

• Main Authors: Wong, Woei Chyuan, Lee, Janice Yim Mei, Daud, Md Nasir, Ng, Pooi Leng
• Format: Article
• Published: Emerald 2017
• Subjects: TH Building construction
• Online Access: http://eprints.um.edu.my/22784/; https://doi.org/10.1108/IJHMA-01-2017-0002

Purpose: The purpose of this paper is to examine the determinants of property sale probability and sale price at auction in Kuala Lumpur, Malaysia. Design/methodology/approach: A two-stage Heckman sample selection model is used for this research. The first stage involves the estimation of a probit m...