Tommy wrote:Hi Wazuans
I heard about the above project and i would appreciate your input.
i was made to understand that they are currently allocating block G (I think somewhere in Katani), i visited their offices and was briefed on the project. Currently they are not constructing houses but are selling plots of 20*30 @ 43k per piece. I visited Katani the other day and i understand that an 1/8 is going for >350K. So i did my maths, if i acquired 3 of the Shangilia baba na mama pieces they will form a 60*90 at 129k. which is almost equivalent to an eighth. So my concerns are:-
1. Is this a genuine project or an avenue of fleecing innocent Kenyans off their hard earned cash?
2. Do we have Wazuans who have put their money in this project and have they received the tittle?
3. Why do we have such a huge difference between the market price and their allocation price? and lastly
4. Whats your take friends?
So i did my maths, if i acquired 3 of the Shangilia baba na mama pieces they will form a 60*90 at 129k. which is almost equivalent to an eighth.
This maths is grossly flawed! You need 9 plots sized 20*30 to make 60*90.
The opposite of courage is not cowardice, it's conformity.