April 2011 developers' sales volume level could challenge March 2011's

Affordably-priced projects with good attributes are still expected to enjoy healthy sales.

According to Colliers International, developers are expected to continue pushing out their projecs in April 2011 to ride on the current buying momentum.

It is also to their advantage to push out their projects now, rather than later - in view of the global uncertainties surrounding the political unrests in the Middle East/North Africa and the crisis in Japan, as well as risks of further Government cooling measures.

While buyers may become more selective and price sensitive, affordably-priced projects with good attributes are still expected to have high sales.

As such, both developers’ launch and sales volume are expected to stay at above the 1,000-unit level in April 2011 and could possibly challenge March 2011’s level.