Property buyers should never assume that a lower price tag means better value for money when purchasing an apartment off-the-plan. Buyers looking to purchase an apartment off-the-plan should not base their decision on price alone, and should consider the size of the floor plan and price per square metre in order to calculate the true value of the residence. You may think that two apartments listed in the same suburb at a similar price point, with the same amount of bedrooms and bathrooms, would be of equal value, but you should never assume that two dwellings priced the same are comparable in quality or size. Buyers shouldn’t assume anything from just the listed price, as the gross rate per square metre is the key metric to logically compare value between developments, which is something that buyers need to focus on while looking to purchase an apartment off-the-plan. It is also crucial to compare the property’s location within a suburb, the quantum of inclusions as standard, as well as the quality of fixtures and finishes provided within the apartment, as these can also differ dramatically, depending on the developer. For this reason, buyers should ensure they only purchase from a reputable developer with a proven track record in delivering the same, or similar, quality fixtures and fittings as those originally promised off-the-plan. The gross rate per square metre for one of our latest projects, Liberty by Mosaic, demonstrates the benefit and market demand for larger apartment designs. Our focus has always been on delivering luxury apartments with larger floor plans and high quality finishes at a competitive price point.