CT Gold sells out in two days as bulk buyers snap up units
Marcus Chu, CEO of ERA Singapore, observes that demand for units at CT Gold came largely from owner-occupiers, including SMEs in fields such as light manufacturing, ecommerce, logistics and creative sectors, which value proximity to the city and convenience for both customers and workers.
The solid take-up follows 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 sold shortly after the March 2025 release, notes Kelvin Fong.
CT Gold was previewed from April 15 to 29, luring strong attraction throughout the two-week period because of its place in the developed MacPherson city-fringe industrial area, mentions Ken Low, managing associate of SRI, one of the venture’s mutual marketing representatives.
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the property development is throughout walking range of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
” Most of investors were end-users,” he adds.
The take-up was driven largely by bulk purchasers grabbing multiple units.
” For many SMEs, having their area is no more simply an operational choice, however likewise an annual report strategy,” states Chu.
He includes that property commercial advancements remain particularly eye-catching amidst minimal supply. “Such possessions are engaging provided their scarcity and capacity to preserve price with time.”
Manufacturing units were sold at in between $1,400 and $1,900 psf, with many transacting at approximately $1,500 to $1,600 psf. In absolute terms, the typical cost of units sold ranged from $2.5 million to $2.6 million.
The 3 canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were likewise consumed by different customers.
The 63 production units are spread across 8 grounds, with dimensions varying from 1,615 to 1,959 sq ft. Sales reservations started on April 30, with priority given to quantity customers acquiring 5 to 10 units.
It isn’t just housing plans finding vigorous purchases. At CT Gold, an estate, strata-titled industrial development in the MacPherson industrial estate, all 63 production units and 3 canteens were purchased within two days of launch, with the project fully sold out as at May 1.
” Whilst multiple-unit acquisitions were dominant at CT Pemimpin, activity was even stronger at CT Gold, where all of the units were gotten by these purchasers,” says Low, that attributes the quicker take-up to its “more main location”.
Established by Chiu Teng Group– that has actually been experts in industrial and business assignments for the previous 27 years– CT Gold is a redevelopment of the past MacPherson Industrial Facility, got en bloc for $103.888 million in May 2025.
When sales opened at 10am on May 1, the remaining units were swiftly taken up by multiple-unit prospective buyers, each acquiring two to four units, with all production units marketed within a few hours.
Chu also underlines timing as a crucial variable. “CT Gold entered the marketplace at a time when extra organizations are rethinking their extended room approach, changing from leasing to possession where feasible.”
