About this property
Kamala Waters is a 36-unit penthouse development in the fast-growing Kamala area, walking distance to Cape Sienna cliff and Kamala Beach. Designed by Kelly Hoppen Studio with a Balinese-modern aesthetic, the project features 24/7 concierge, boat mooring, in-residence dining, and InterContinental Residences's professional rental-management program targeting 5โ7% net yield. Owners receive foreign-freehold condominium title, transferable and inheritable. InterContinental Residences handles booking, guest management, maintenance and tax reporting so owners can enjoy passive returns from day one.
Project details
| Developer | InterContinental Residences |
|---|---|
| Property type | Penthouse |
| Status | Under construction |
| Completion | Q2 2027 |
| Handover year | 2027 |
| Construction | 38% complete โ Superstructure at 38%, MEP installation underway |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-4 |
| Unit sizes | 74โ179 mยฒ |
| Total units | 33 across 3 unit types |
| Available now | 28 units |
| Starting price | $1.35M up to $4.41M |
| Payment plan | 25% down ยท 45% during build ยท 20% on handover ยท 12mo post-handover |
| Projected ROI | 5โ7% net rental yield |
| Location | Kamala, Phuket โ Kamala |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 74 mยฒ | Studio | $1.35M | 10 left |
| 1BR Suite | 100 mยฒ | 1 BR | $3.31M | 6 left |
| 4BR Villa | 179 mยฒ | 4 BR | $4.41M | 12 left |
Payment plan
๐ก Flexible plan with milestone-based drawdowns during construction. Bank financing available up to 60% LTV via local mortgage partners.
Construction progress
Amenities
Location & neighborhood
Located in Kamala, Phuket, Kamala Waters is walking distance to Cape Sienna cliff and a short drive from Kamala Beach. The neighbourhood is one of the most sought-after enclaves in the region, offering a rare mix of lifestyle amenities and long-term capital appreciation.
๐ Kamala Waters, Kamala, Phuket
- Kamala Beach Beach 0.5 km โ 4 min
- Patong Beach Beach 6.1 km โ 13 min
- Bangla Road (nightlife) Landmark 6.4 km โ 14 min
- Big Buddha Landmark 14 km โ 31 min
- Phuket Town Center 14 km โ 32 min
- Kata Beach Beach 15 km โ 32 min
- Phuket International (HKT) Airport 19 km โ 41 min
Distances are straight-line; drive times are estimated averages.
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