Diamond Ratchada

Diamond Ratchada

198 Ratchadaphisek Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, 10310

Sell10Listing

Rent11Listing

Project Type

Condo High Rise

EIA Permission

In Progress

Quantity

A 31, B 8, C 8 Floor 3 Building 691 Unit

Parking

327 Parking

Completed

2010

Floor Plan

No information

Project Location

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Nearby Locations

Project Concept

Diamond Ratchada is shaped by a design concept that prioritizes clarity, practicality, and a distinctly urban character-ideal for the fast-moving Ratchada-Huai Khwang district, where offices, dining, and nightlife create an always-on rhythm. The architectural language leans toward contemporary minimalism: clean lines, controlled proportions, and a restrained palette that feels modern while remaining easy to maintain over time.

The building planning emphasizes a smooth transition from the city’s intensity to a more private residential atmosphere. Arrival areas and the lobby are conceived as a decompression zone, guiding residents through clear circulation and layered privacy before reaching lift cores and residential floors. Shared spaces are positioned as everyday “pause points,” supporting flexible routines such as short breaks, informal meetings, or quiet downtime.

Inside the residences, the concept focuses on efficient layouts and balanced room proportions so usable space feels maximized rather than decorative. This approach aligns with real demand in the Ratchada-Rama 9 employment corridor, supporting both owner-occupiers and rental investors who value functional plans and durable design. Overall, the project reads as a city condo defined by simplicity, long-term usability, and a calm counterpoint to the surrounding urban energy.

Project Highlights

Diamond Ratchada is a condominium in Huai Khwang on Ratchadaphisek Road, a mixed residential and business corridor in Bangkok. The location supports an urban lifestyle with strong rental demand, especially from office workers and city residents who value fast connections to Rama 9 and the CBD.

  • Prime Ratchada-Huai Khwang setting close to employment hubs and lifestyle spots around Rama 9, making daily routines efficient.
  • MRT access near MRT Huai Khwang (approx. 1.0 km) and MRT Thailand Cultural Centre (approx. 1.3 km), a practical option to avoid peak-hour traffic on Ratchada.
  • City connectivity by car convenient routes to Rama 9, Asok, and Din Daeng, suitable for residents working across multiple districts.
  • Complete facilities common areas designed for relaxation and work within the building, reducing reliance on outside services.
  • Investment angle the surrounding market is active with well-known projects such as COBE Ratchada-Rama 9 and Ideo Mobi Rama 9, supporting liquidity and tenant demand, which can help sustain value over time.

Description

Diamond Ratchada is a high-rise condominium located at 198 Huai Khwang, Huai Khwang, Bangkok 10310. Positioned on Ratchadaphisek Road, the project offers convenient access to Rama 9 and Asoke business districts. The development consists of 1 residential building with 31 floors and approximately 436 units, with around 160 parking spaces, making it suitable for both owner-occupiers and investors seeking rental demand in an urban location.

Unit types mainly include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from around 30 square meters. The project is designed to serve single residents, couples, and those needing more functional living space. Facilities include a swimming pool, fitness room, garden area, passenger elevators, and common areas that support daily urban living.

Security features include 24-hour security guards, key card access, CCTV, and controlled building access. The project was completed around 2009 and developed by Diamond Ratchada Condominium Co., Ltd. Building management is handled by the condominium juristic person. The location is approximately 700 meters from MRT Huai Khwang Station, offering practical connectivity to central Bangkok and nearby employment hubs.

Price Trend

Diamond Ratchada (Huai Khwang) in 2026 shows a stable-to-slightly-rising resale and rental outlook, supported by office demand along Ratchada-Rama 9 and tenants seeking move-in-ready units near lifestyle hubs.

  • Average resale price: THB 2.85M per unit (typical 1-bed around 30 sq.m.)
  • Average price per sq.m.: ~THB 95,000 per sq.m.
  • Average rent: THB 14,500 per month (12-month lease, furnished)

  • 2026 Rental Yield (quick math): (14,500 x 12) - 2.85M = ~6.1% gross per year, before common fees and taxes
  • Observed rent band: THB 13,000-16,500 per month depending on floor, view, and unit condition

Capital gain view: using a 2024-2025 pricing base of roughly THB 90,000-92,000 per sq.m., a move to ~THB 95,000 per sq.m. implies about 3%-6% growth over 12-24 months. This is realistic for the Ratchada market where newer supply in the Rama 9 corridor (e.g., COBE Ratchada-Rama 9, Ideo Mobi Rama 9) keeps upside moderate. The investment edge is a relatively accessible entry price per sq.m. versus premium projects, which can translate into faster leasing when the unit is well-finished and competitively priced.

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