Millions of unsuspecting Kenyans may have lost their hard earned cash in yet another case of how gullible Kenyans can be, after a ‘real estate’ firm went under after collecting deposits from home buyers.
Simple Homes Kenya famous for the “rent as you own” model of home ownership has deserted the internet by shutting down its Facebook page and corporate website.
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All telephone numbers which home owners used to contact the office with have also been switched off throwing investors into a spin.
Reports reaching CW say Simple Homes have closed shop and left investors high and dry anyone with info?
To lure Kenyans into a well executed con game, buyers were required to place a 25% deposit of the house value which was about KSh 250,000 and then pay the balance in equal installments for five to 40 years interest free.
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The idea was to have one buy off plan. ie pay for house under construction and wait for it completion the occupy it as you continue to pay the balance.
Simple Homes is registered as a rent collection office, not a real estate developer. Hmmm
This sweet deal blinded Kenyans who did not care that Smart Homes did not have any physical office in the country and was operating using only a sleek Facebook page and website.
Photos used in the website of the ‘homes under construction’ that Kenyans were paying for were mostly lifted from other genuine real estate firms mostly in other countries.
A simple whois search on the simple homes website produces
Efforts to contact Kui Rukwaro who owns Simple Homes were futile as the office numbers were not going through.
5. The Standard: 16,000 people have been making monthly deposits. If a house is sold in Canada Nakuru.
When will they move in? And HOW? pic.twitter.com/JxP1rHyXyg
If a couple lost Ksh. 380,000 to Simple Homes in March 2016, how many people are crying in the toilet? Standard reported it had 16k members pic.twitter.com/FImvERRvDo
