CT Gold sells out in two days as bulk buyers snap up units
Located at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the project is inside walking range of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
Manufacturing units were cost in between $1,400 and $1,900 psf, with many negotiating at approximately $1,500 to $1,600 psf. In outright terms, the typical cost of units sold varied from $2.5 million to $2.6 million.
” While multiple-unit transactions were dominant at CT Pemimpin, activity was even more powerful at CT Gold, where all of the units were acquired by these buyers,” claims Low, who connects the faster take-up to its “more main location”.
The strong take-up adheres to the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a property B1 strata-titled industrial development near Marymount MRT Station. All 56 units and three canteens were marketed shortly after the March 2025 launch, indicates Kelvin Fong.
It isn’t just housing projects seeing quick purchases. At CT Gold, a property, strata-titled industrial development in the MacPherson industrial estate, all 63 manufacturing units and 3 canteens were bought throughout two days of launch, with the property fully sold out as at May 1.
” The majority of buyers were end-users,” he includes.
Chu additionally underlines timing as a key variable. “CT Gold entered the marketplace at a time when more businesses are rethinking their long-term room technique, moving from leasing to possession where feasible.”
CT Gold was previewed from April 15 to 29, pulling strong attraction during the two-week span thanks to its area in the developed MacPherson city-fringe industrial park, explains Ken Low, managing associate of SRI, among the project’s mutual promotion and marketing representatives.
” For lots of SMEs, possessing their room is no more simply an operational choice, but likewise an annual report approach,” claims Chu.
The take-up was generated largely by bulk purchasers grabbing several units.
When sales opened at 10am on May 1, the standing units were promptly taken on by multiple-unit investors, each getting two to 4 units, with all production units sold within a few hours.
The 63 manufacturing units are spread out across eight levels, with sizes stretching from 1,615 to 1,959 sq ft. Sales schedulings commenced on April 30, with priority provided to quantity purchasers acquiring five to 10 units.
Marcus Chu, CEO of ERA Singapore, sees that demand for units at CT Gold came mostly from owner-occupiers, including SMEs in markets such as light production, ecommerce, logistics and artistic sectors, which worth distance to the city and convenience for both clients and workers.
He adds that estate industrial growths continue to be especially eye-catching amidst minimal supply. “Such possessions are compelling provided their shortage and ability to maintain value with time.”
Built by Chiu Teng Group– that has actually been experts in industrial and business projects for the past 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Complex, got en bloc for $103.888 million in May 2025.
The 3 canteen units on the first level, varying from 1,863 to 2,293 sq ft, were also taken up by separate customers.
