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 within strolling distance of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
He adds that estate commercial growths remain particularly attractive amidst minimal supply. “Such properties are compelling provided their deficiency and capability to preserve worth with time.”
The 63 manufacturing units are spread out throughout 8 levels, with sizes ranging from 1,615 to 1,959 sq ft. Sales reservations kicked off on April 30, with priority offered to bulk customers acquiring five to 10 units.
Developed by Chiu Teng Group– which has specialised in industrial and commercial projects for the past 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Complex, acquired en bloc for $103.888 million in May 2025.
CT Gold was previewed from April 15 to 29, luring strong interest during the two-week period because of its place in the developed MacPherson city-fringe enterprise zone, mentions Ken Low, handling partner of SRI, one of the venture’s shared promotion and marketing representatives.
The solid take-up follows the launch of Chiu Teng Group’s earlier project, CT Pemimpin, an estate B1 strata-titled industrial growth near Marymount MRT Station. All 56 units and 3 canteens were sold soon after the March 2025 kick off, notes Kelvin Fong.
Manufacturing units were sold at between $1,400 and $1,900 psf, with many transacting at an average of $1,500 to $1,600 psf. In outright terms, the average price of units offered ranged from $2.5 million to $2.6 million.
” While multiple-unit purchases were dominant at CT Pemimpin, activity was also more powerful at CT Gold, where all of the units were obtained by these purchasers,” says Low, who attributes the quicker take-up to its “more main place”.
” For numerous SMEs, having their room is no more simply an operational decision, however likewise a balance sheet method,” claims Chu.
Marcus Chu, CEO of ERA Singapore, recognizes that demand for units at CT Gold came largely from owner-occupiers, including SMEs in fields such as light production, ecommerce, logistics and artistic sectors, which worth distance to the city and accessibility for both clients and workers.
” Most of consumers were end-users,” he includes.
The take-up was driven greatly by mass purchasers buying several units.
Chu additionally indicates timing as a vital aspect. “CT Gold entered the marketplace at once when extra services are rethinking their continued room approach, shifting from renting to possession where possible.”
It isn’t simply residential properties seeing quick purchases. At CT Gold, an estate, strata-titled commercial property development in the MacPherson industrial estate, all 63 production units and three canteens were snapped up throughout two days of launch, with the property totally sold out as at May 1.
When sales opened up at 10am on May 1, the remaining units were promptly taken up by multiple-unit prospective buyers, each obtaining two to 4 units, with all production units offered within a couple of hours.
The 3 canteen units on the first level, varying from 1,863 to 2,293 sq ft, were also consumed by different customers.
