Wong, Woei-Chyuan; Lee, Janice Yim Mei; Daud, MD Nasir; … - In: International Journal of Housing Markets and Analysis 10 (2017) 4, pp. 539-551
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...