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Phuket developer touts guaranteed yield strategy - Vimarsana News

Phuket developer touts guaranteed yield strategy

Phuket developer touts guaranteed yield strategy published : 5 Apr 2021 at 04:30 Patong beach in Phuket is deserted because of the pandemic. APINYA WIPATAYOTIN PHUKET: With the pandemic ravaging the tourism industry and slowing the property market on the islands, a local developer is pivoting to a guaranteed yield strategy, aiming to sell to buyers and rent to uncertain workers. Thanusak Phungdet, president of Phuket-based property developer VIP JD Group Co, said the Phuket market has been stagnant since March 2020 after the province was...