CT Gold sells out in two days as bulk buyers snap up units
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the property development is throughout strolling range of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
Chu additionally indicates timing as a key element. “CT Gold got in the marketplace at a time when more businesses are reconsidering their continued room strategy, changing from renting to ownership where possible.”
Built by Chiu Teng Group– which has actually specialised in industrial and commercial projects for the previous 27 years– CT Gold is a redevelopment of the past MacPherson Industrial Complex, obtained en bloc for $103.888 million in May 2025.
” While multiple-unit transactions were dominant at CT Pemimpin, activity was even stronger at CT Gold, where all of the units were acquired by these customers,” says Low, who associates the quicker take-up to its “more central area”.
The take-up was generated mostly by bulk purchasers grabbing several units.
Marcus Chu, CEO of ERA Singapore, observes that demand for units at CT Gold came primarily from owner-occupiers, consisting of SMEs in fields such as light manufacturing, e-commerce, logistics and creative industries, which worth distance to the city and accessibility for both customers and workers.
The strong take-up follows the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a freehold B1 strata-titled industrial advancement near Marymount MRT Terminal. All 56 units and 3 canteens were marketed soon after the March 2025 release, marks Kelvin Fong.
The three canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally consumed by different customers.
” For lots of SMEs, having their space is no more just a functional choice, but likewise an annual report method,” claims Chu.
Production units were sold at in between $1,400 and $1,900 psf, with the majority of negotiating at approximately $1,500 to $1,600 psf. In absolute terms, the average rate of units offered varied from $2.5 million to $2.6 million.
When sales opened up at 10am on May 1, the standing units were promptly taken up by multiple-unit buyers, each acquiring two to four units, with all production units sold within a few hours.
It isn’t just residence properties finding quick sales. At CT Gold, a property, strata-titled commercial property development in the MacPherson industrial estate, all 63 manufacturing units and 3 canteens were grabbed within 2 days of launch, with the plan totally sold out as at May 1.
” Most of home buyers were end-users,” he includes.
He includes that property commercial growths continue to be specifically attractive amid restricted supply. “Such assets are engaging provided their shortage and ability to protect price with time.”
CT Gold was previewed from April 15 to 29, attracting solid interest during the two-week span thanks to its area in the developed MacPherson city-fringe enterprise zone, explains Ken Low, regulating partner of SRI, one of the project’s mutual marketing brokers.
The 63 production units are spread out throughout 8 levels, with dimensions stretching from 1,615 to 1,959 sq ft. Sales bookings commenced on April 30, with priority provided to bulk customers acquiring 5 to 10 units.
