Knight Frank Report: State of Villa Market in Phuket 2020, Outlook for 2021 Knight Frank Report: State of Villa Market in Phuket 2020, Outlook for 2021 PHUKET: Following the release of a candid report on the state of the condo property market in Phuket earlier this week, Nattha Kahapana, Deputy Managing Director and Head of Knight Frank Phuket, has released another straightforward report, this time on the state of the Phuket villa market for 2020, and the outlook for 2021. Image: Knight Frank Phuket Image: Knight Frank Phuket Nattha Kahapana, Deputy Managing Director and Head of Knight Frank Phuket. Photo: Knight Frank « » In his report, Mr Nattha said that although Phuket is a small island, it has been able to generate considerable revenue for Thailand.