A priori spatial segmentation of commercial property market using hedonic price modelling

• Main Authors: Usman, Hamza, Lizam, Mohd, Burhan, Burhaida
• Format: Article
• Language: English
• Published: sciendo 2021
• Subjects: HB615-715 Entrepreneurship. Risk and uncertainty. Property; HF5001-6182 Business
• Online Access: http://eprints.uthm.edu.my/6244/1/J12955_82fd01b14a6c1747c0d3190535d81e2b.pdf; http://eprints.uthm.edu.my/6244/; https://doi.org/10.2478/remav-2021-0010

The improvement of property price modelling accuracy using property market segmentation approaches is well documented in the housing market. However, that cannot be said of the commercial property market which is adjudged to be volatile, heterogeneous and thinly traded. This study, therefore, determ...