A completed diamond-shaped condo 10 minutes on foot from Bang Tao beach
Diamond Condominium — condo project, Bang Tao · Laguna: entry from ~$121,341, from $3,677 per sqm. Beach: Bang Tao, ~1 km (~10 min on foot). Ownership: leasehold. Yield: ~7% developer projection. Completed in May 2018.
Diamond Condominium is a completed 295-unit complex across six diamond-shaped 7-floor buildings, built in Bang Tao on Phuket’s west coast. The developer, Silk Projects Co., Ltd., has no other public project portfolio that we found.
Bang Tao is one of Phuket’s most developed beach districts, and Diamond Condominium sits a 10-minute walk from the beach, next to the Boat Avenue and Porto de Phuket retail cluster (~900 m). Our catalog also features PEYLAA Phuket Bang Tao in the same district — an off-plan project from ~$230,927, noticeably pricier to enter. Diamond Condominium sits in a far more accessible segment and, unlike PEYLAA, is already fully built.
Entry into the project starts from ~$121,341 for a 1-bedroom unit, 33–54 sqm, with the upper range reaching ~$398,000 for 2-bedroom units and penthouses up to 228 sqm. The developer projects a yield of around 7% a year. With 295 units in one complex, it’s worth keeping in mind that this volume of supply enters the Bang Tao rental market at once, so the actual yield on any given unit will depend on how demand is spread across all six buildings.
The project’s main advantage is the absence of off-plan risk: the complex was fully completed back in May 2018, so a unit can be inspected in person before reserving. That said, only leasehold is available for this project — there is no freehold option, which is worth factoring into your deal structure. We found no disclosed figures for the monthly CAM fee or the one-off sinking fund on any source we checked — worth requesting directly from the management company, since at this scale (295 units, a 50-metre pool, an on-site restaurant) operating costs can be a meaningful part of ownership.
Who it suits: an investor looking for a completed, accessibly priced condo 10 minutes on foot from Bang Tao beach, comfortable with a leasehold structure. Buyers for whom freehold is essential, or who want off-plan upside during construction, should look at other projects in the district.
As an agency, on a completed project at this scale we will always confirm the current CAM/sinking fund rate and the real rental-program occupancy over recent seasons with the management company before recommending a reservation.
Prices and availability change; data is accurate as of the page update date. Request a fresh price list — we send it the same day. Updated: July 2026.
Our catalog currently tracks 132 projects in Bang Tao · Laguna; new-build entry level here: from ~$87,852. Diamond Condominium’s entry price is about 82% below the district median — one of the most affordable starts in the area.
The median is calculated from the “from” prices of all catalog projects in the district and refreshes with every update.
Neighbours are picked by the same property type and the closest entry price in the same area — the projects our buyers actually shortlist against each other. Figures recalculate with every catalogue update.
| Diamond CondominiumThis project | EverPrime | Utopia Loft | |
|---|---|---|---|
| Price from | from ~$121,341 | from ~$121,696 | from ~$119,725 |
| $/sqm | $3,677 | — | $3,236 |
| Beach | Bang Tao, ~1 km (~10 min on foot) | Karon, ~1 km | Nai Harn, ~2.3 km |
| Completion | completed in May 2018 | Under constructionQ1 2028 | Phase 1 delivered Aug 2019 |
| Ownership | leasehold | freehold / leasehold — option to upgrade to freehold for an extra fee | freehold / leasehold |
| Rental program | yes | no | yes |
The developer information in this listing states: leasehold. This is the project-level starting point, not a legal opinion on a particular unit. The contract, title, foreign quota and seller authority must be verified before reservation.
Leasehold is registered as a long-term lease. The review covers the term, renewals, assignment, inheritance, early termination and the landowner’s obligation to register the transaction.
Verify the receiving legal entity, construction milestone, payment trigger, delay remedies and the documents the seller must deliver for registration.
This is general information. Structure and taxes depend on the unit, seller and contract; an independent Thai lawyer should complete the final review.
Indicative estimate: yield and the rental model depend on the project, unit and management program. Request an exact projection for a specific unit.
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The “12 developer checks in Phuket” checklist plus a personal yield projection for your budget — sent via Telegram or e-mail.
Availability changes weekly and isn’t published here. We’ll send the list of free units, an honest read on the negotiating room, and a net-yield calculation for your unit with every cost included.
From ~$121,341 for a 1-bedroom unit, 33–54 sqm. 2-bedroom units and penthouses up to 228 sqm run up to ~$398,000, per villacarte pricing.
Silk Projects Co., Ltd. We found no public portfolio of other projects by this company.
The complex was fully completed in May 2018 — this is ready-to-move-in housing with no construction-delay risk.
Only leasehold is available for this project. Worth factoring in when choosing a deal structure, especially if freehold matters to you.
The developer projects around 7% a year. That is a projection, not a guarantee — with 295 units in the complex, actual yield depends on how the Bang Tao rental market absorbs that volume of supply.
PEYLAA Phuket Bang Tao costs more to enter (from ~$230,927) and is off-plan. Diamond Condominium is already completed and nearly half the price, but limited to a leasehold ownership structure.
Yes, the unit stays yours. Inside a managed rental program the number of owner-stay nights is capped by the contract — we go through the exact terms for this project before you book.
For leasehold an FET form is not mandatory, which widens the payment options. The bank still checks the source of funds — we walk through the transfer before any booking.
Take the PDF: developer prices, one-off fees, owner costs and net yield — on the current price list. Or message us on WhatsApp, we reply within 15 minutes.