CT Gold sells out in two days as bulk buyers snap up units
CT Gold was previewed from April 15 to 29, luring solid interest throughout the two-week span thanks to its location in the developed MacPherson city-fringe enterprise zone, mentions Ken Low, regulating associate of SRI, one of the project’s joint promotion and marketing brokers.
” Whilst multiple-unit transactions were dominant at CT Pemimpin, activity was also more powerful at CT Gold, where all of the units were obtained by these purchasers,” claims Low, that attributes the faster take-up to its “more main location”.
It isn’t simply non commercial plans finding brisk sales. At CT Gold, an estate, strata-titled industrial development in the MacPherson industrial estate, all 63 manufacturing units and three canteens were purchased throughout two days of launch, with the plan completely sold out as at May 1.
When sales opened at 10am on May 1, the remaining units were swiftly taken on by multiple-unit investors, each obtaining two to four units, with all production units sold within a few hours.
Marcus Chu, CEO of ERA Singapore, sees that demand for units at CT Gold came mostly from owner-occupiers, including 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 63 manufacturing units are spread throughout 8 floorings, with sizes ranging from 1,615 to 1,959 sq ft. Sales reservations started on April 30, with top priority offered to mass buyers buying 5 to 10 units.
Chu also indicates timing as a key variable. “CT Gold got in the marketplace at a time when more businesses are rethinking their continued area technique, shifting from leasing contract to possession where feasible.”
” For many SMEs, owning their space is no longer simply an operational choice, but also an annual report method,” says Chu.
He adds that property commercial advancements stay especially attractive amidst limited supply. “Such possessions are engaging given their deficiency and capability to maintain value with time.”
The 3 canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally occupied by separate customers.
Found at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the development is throughout walking range of Potong Pasir MRT Station on the North-East Line. It is slated for completion in 2030.
The strong take-up follows the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a property B1 strata-titled industrial advancement near Marymount MRT Station. All 56 units and 3 canteens were offered quickly after the March 2025 launch, indicates Kelvin Fong.
Manufacturing units were cost 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 ordinary price of units marketed varied from $2.5 million to $2.6 million.
Built by Chiu Teng Group– that has been experts in industrial and business 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.
” The majority of home buyers were end-users,” he adds.
The take-up was driven largely by bulk purchasers getting multiple units.
