Private home sales likely to hover around 800-1,000 unit level in March 2011

Developers are expected to continue to push out their projects in March 2011 amid mounting global uncertainties, said Colliers International.

Buyers, on the other hand, are expected to be increasingly more price-sensitive and are likely to take more time to evaluate their purchase decision or adopt a wait-and-see attitude.

According to Colliers International, developers' launch volume is expected to stay at above the 1,000-unit level (but is unlikely to exceed February's level) for the month of March.

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