Entry Into Chinese MarketBetween 2016 and 2018, Phuket9 Company completed the first phase of
VIP KATA Condominium together with Chinese investors. By the end of 2018, the condo development had been completed, and
Grand Kata VIP Hotel was opened there.
That year,
Phuket9 Company continued development on the adjoining land without attracting investors. In
August 2018, the development of the second phase of VIP KATA Condominium began. It includes 209 units, and for this project, we offer investors a Rental Program with guaranteed income for 8 years. Development completion is planned for the end of 2020.
What is more, in 2018, the company opened its first office in Beijing, China, in cooperation with
Ms. Li Bo – a Chinese celebrity, TV presenter, movie star and singer. At the end of 2018, one more office was opened in China – Chengdu – and we also have representatives in Shanghai.