With a very different business model to most developers, Mosaic has a genuine and distinct advantage during periods of uncertainty, firming up its reputation as a trusted partner that always delivers, regardless of the challenges that the market may be facing at any point in time.
With all the attention the building and construction sector is facing, particularly around cost escalation and labour shortages, it’s understandable that contemplating an Off-the-Plan apartment purchase does not seem as straightforward right now.
Let us help you understand why you can feel confident that Mosaic will deliver, as it has without blemish for almost 20 years.
Why is Mosaic different
A unique end-to-end business model
We have delivered every project we have put to market. This success is due to our unique approach to controlling all aspects of the development process, from research and acquisition to design, marketing and sales, construction and property/building management.
Our business model allows us to consistently deliver award-winning projects that set new benchmarks in residential living whilst simultaneously being able to stringently manage risk across every aspect of our delivery model.
There aren’t a lot of companies that can even claim to offer what we do. What we aim to achieve isn’t easy, but we don’t accept anything but the very best.
Our customers are our number one priority, and our team is dedicated to exceeding the highest expectations for quality and ensuring that we deliver on our promise of enduring value.
And all of this is achieved under the guiding principle of building resilience through our brand, unwavering service of key relationships, a commitment to excellence, and a culture of hard work.
We have our own construction arm
Having an internal construction entity that only builds Mosaic developments means we maximise control over quality and outcomes, mitigating the magnitude of risks that can arise, including project pricing, site safety, scheduling, site management, build and finish grade, and subcontractor failure.
It also means the interests of both developer and construction arms are closely aligned. The same core values bind Mosaic Construction and Mosaic Property Group. These shared objectives are critical in completing a project on time and within budget to a higher standard for Mosaic clients.
We use research and historical data to correctly forecast cost escalation and labour shortages
Significantly we predicted labour shortages and increased costs for materials in 2020 when the pandemic hit. With a significant internal research capability, we looked at similar historical events (e.g. GFC, SARS, MERS). We concluded that property would perform strongly due to the crisis putting pressure on the supply of materials and labour. As a result, we factored escalation into our forecasting and planning.
We use internal and external experts to review pricing on all of our projects as part of our stringent assessment process. Mosaic Construction also has an in-house procurement division to source materials in Australia and worldwide.
Our process also includes a precautionary step of having Australian suppliers for all materials sourced overseas (or within Australia). Further, all material orders are made well before they are required.
Finally, the strength of our pipeline and relationships with our suppliers has lessened the impact – most notably for the most significant items in a build, including steel and timber.
Conservative fiscal management
Resilience is our backbone; we are in business for the long term.
Critically, Mosaic has successfullydelivered projects across multiple market cycles – through good times and bad. Our conservative approach to fiscal management has seen us survive these periods and grow.
We are here for the long haul
Our business model sees us manage our properties and buildings for many years after settlement to ensure our customers’ assets are well maintained and increase in value over time.
We have built our brand on a genuine commitment to delivering quality. To do this, we stay the course as the developer, the builder and the caretaker.
Building any property means there will be some minor defects. Our ongoing commitment means we are on the ground working hard to rectify these as quickly as possible without compromising on quality.
At the end of the day, we proudly display our name on the front door of our developments. We want you to feel proud of your investment, and we want to feel proud of the legacy we create.
Why buy off-the-plan from Mosaic?
While we’d never claim that we are immune to the current issues, our track record shows we have always delivered on our promises – even through extremely challenging times in the property cycle.
Our unique business model means that we can provide certainty during uncertain times.
Our construction arm, strength of our pipeline, conservative and rigorous approach to fiscal management and forecasting and commitment to producing quality properties and maintaining them well into the future set us apart and on a secure path to deliver on our promise of Enduring Value.
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Special Report | SEQ Property Outlook – 2022 and Beyond
With only days to go until the Federal Election and lots of talk about interest rates, inflation and the cost of living, Mosaic’s Research team has done a deep dive into historical data and previous cycles dating back over a hundred years to help us form a balanced perspective of what’s likely to happen to the South East Queensland (SEQ) property market over the next couple of years and beyond.
South East Queensland, and more specifically Brisbane, the Sunshine Coast and Gold Coast, currently provide some of Australia's most robust opportunities for property investors seeking to capitalise on what is known as the "effortless advantage."