A completed diamond-shaped condo 10 minutes on foot from Bang Tao beach
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 123 projects in Bang Tao · Laguna; new-build entry level here: from ~$93,683. Diamond Condominium’s entry price is about 83% 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.
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.
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](/villacarte/catalog/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.
