CT Gold sells out in two days as bulk buyers snap up units
The 63 manufacturing units are spread out across eight levels, with sizes varying from 1,615 to 1,959 sq ft. Sales reservations began on April 30, with priority given to mass buyers acquiring five to 10 units.
Marcus Chu, Chief Executive Officer of ERA Singapore, recognizes that demand for units at CT Gold came mostly from owner-occupiers, consisting of SMEs in sectors such as light production, shopping, logistics and artistic sectors, which value proximity to the city and availability for both customers and workers.
The solid take-up adheres to the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a property B1 strata-titled industrial growth near Marymount MRT Terminal. All 56 units and 3 canteens were marketed shortly after the March 2025 launch, marks Kelvin Fong.
Manufacturing units were cost between $1,400 and $1,900 psf, with many negotiating at approximately $1,500 to $1,600 psf. In absolute terms, the typical price of units sold ranged from $2.5 million to $2.6 million.
” Whilst multiple-unit purchases were dominant at CT Pemimpin, activity was also more powerful at CT Gold, where all units were acquired by these purchasers,” states Low, who attributes the much faster take-up to its “more central location”.
” Most of home buyers were end-users,” he includes.
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the property development is inside strolling range of Potong Pasir MRT Station on the North-East Line. It is slated for finalization in 2030.
He adds that freehold commercial advancements continue to be especially attractive in the middle of limited supply. “Such possessions are engaging given their scarcity and capability to protect price with time.”
When sales opened at 10am on May 1, the remaining units were swiftly taken on by multiple-unit prospective buyers, each getting 2 to four units, with all production units marketed within a few hours.
” For numerous SMEs, owning their room is no more simply an operational decision, however additionally a balance sheet approach,” states Chu.
Established by Chiu Teng Group– which has specialised in industrial and business work for the past 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Facility, got en bloc for $103.888 million in May 2025.
It isn’t just residence projects observing brisk purchases. At CT Gold, a property, strata-titled industrial development in the MacPherson industrial estate, all 63 manufacturing units and 3 canteens were grabbed throughout 2 days of launch, with the project completely sold out as at May 1.
The 3 canteen units on the first level, varying from 1,863 to 2,293 sq ft, were likewise occupied by separate customers.
The take-up was steered largely by bulk buyers snapping up several units.
Chu also points to timing as a crucial factor. “CT Gold got in the marketplace at once when a lot more services are rethinking their long-term space approach, shifting from renting out to ownership where possible.”
CT Gold was previewed from April 15 to 29, attracting solid attraction throughout the two-week period thanks to its location in the developed MacPherson city-fringe industrial park, states Ken Low, regulating associate of SRI, one of the venture’s shared marketing brokers.
