Estimating the apartment foreclosure discount in Kuala Lumpur

• Main Authors: Wong, Woei Chyuan, Daud, Md Nasir, Lee, Janice Y. M., Pooi, Leng Ng
• Format: Conference or Workshop Item
• Language: English
• Published: 2015
• Subjects: HD Industries. Land use. Labor
• Online Access: http://repo.uum.edu.my/15424/1/Wong.pdf; http://repo.uum.edu.my/15424/; http://www.prres.net/

This paper examines the price differential between properties traded in the auction market and private negotiated market.With the exception of anecdotal information which suggests that auctioned or foreclosed properties in Malaysia tend to be sold at a deep discount, no study has thus far attempted...