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
• Language: English
• Published: Emerald Publishing Limited 2017
• Subjects: HC Economic History and Conditions
• Online Access: http://repo.uum.edu.my/25638/1/IJHMA%2010%204%202017%20539%20551.pdf; http://repo.uum.edu.my/25638/; http://doi.org/10.1108/IJHMA-01-2017-0002
• Institution: Universiti Utara Malaysia

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 prob...