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 throughout walking distance of Potong Pasir MRT Station on the North-East Line. It is slated for finish in 2030.
The three canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally consumed by separate customers.
Marcus Chu, CEO of ERA Singapore, sees that demand for units at CT Gold came mainly from owner-occupiers, consisting of SMEs in markets such as light manufacturing, shopping, logistics and creative sectors, which worth distance to the city and availability for both customers and employees.
Established by Chiu Teng Group– that has been experts in industrial and commercial assignments for the past 27 years– CT Gold is a redevelopment of the past MacPherson Industrial Complex, obtained en bloc for $103.888 million in May 2025.
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Chu also indicates timing as a vital aspect. “CT Gold went into the market at a time when extra businesses are reassessing their continued space approach, shifting from renting to possession where possible.”
” Whilst multiple-unit purchases were dominant at CT Pemimpin, activity was even stronger at CT Gold, where all of the units were obtained by these buyers,” says Low, who attributes the faster take-up to its “more main area”.
” Most of home buyers were end-users,” he includes.
When sales opened at 10am on May 1, the remaining units were rapidly taken on by multiple-unit prospective buyers, each acquiring 2 to four units, with all production units offered within a couple of hours.
The solid take-up follows the launch of Chiu Teng Group’s earlier project, CT Pemimpin, an estate B1 strata-titled industrial development near Marymount MRT Station. All 56 units and 3 canteens were offered quickly after the March 2025 release, marks Kelvin Fong.
The take-up was steered largely by bulk purchasers grabbing multiple units.
” For several SMEs, owning their space is no longer just a functional choice, however additionally an annual report approach,” claims Chu.
CT Gold was previewed from April 15 to 29, pulling solid attention during the two-week span because of its location in the developed MacPherson city-fringe enterprise zone, mentions Ken Low, handling partner of SRI, among the project’s mutual marketing brokers.
The 63 manufacturing units are spread out across eight floors, with dimensions stretching from 1,615 to 1,959 sq ft. Sales schedulings commenced on April 30, with top priority given to bulk purchasers purchasing 5 to 10 units.
It isn’t simply residential properties observing brisk sales. At CT Gold, an estate, strata-titled industrial development in the MacPherson industrial estate, all 63 manufacturing units and three canteens were grabbed throughout two days of launch, with the plan completely sold out as at May 1.
He includes that estate commercial advancements remain specifically eye-catching amid minimal supply. “Such assets are engaging offered their shortage and capability to preserve value with time.”
Production units were sold at in between $1,400 and $1,900 psf, with many negotiating at approximately $1,500 to $1,600 psf. In outright terms, the ordinary rate of units marketed varied from $2.5 million to $2.6 million.
