CT Gold sells out in two days as bulk buyers snap up units
Production units were cost in between $1,400 and $1,900 psf, with most transacting at approximately $1,500 to $1,600 psf. In outright terms, the ordinary price of units sold varied from $2.5 million to $2.6 million.
Built by Chiu Teng Group– that has actually been experts in industrial and commercial projects for the last 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Complex, got en bloc for $103.888 million in May 2025.
The 3 canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally taken up by separate buyers.
When sales opened up at 10am on May 1, the standing units were quickly taken up by multiple-unit investors, each obtaining 2 to four units, with all production units sold within a few hours.
” Whilst multiple-unit purchases were dominant at CT Pemimpin, activity was also more powerful at CT Gold, where all units were gotten by these customers,” says Low, who connects the quicker take-up to its “more main location”.
CT Gold was previewed from April 15 to 29, luring solid attention throughout the two-week period due to its place in the established MacPherson city-fringe enterprise zone, states Ken Low, handling associate of SRI, among the project’s shared marketing representatives.
” For lots of SMEs, possessing their room is no more just an operational choice, but also an annual report approach,” says Chu.
Kassia Condo Tripartite Developers Pte Ltd
It isn’t just non commercial plans observing quick purchases. At CT Gold, an estate, strata-titled commercial development in the MacPherson industrial estate, all 63 production units and 3 canteens were bought throughout 2 days of launch, with the property fully sold out as at May 1.
Located at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the development is inside walking range of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
Marcus Chu, Chief Executive Officer of ERA Singapore, sees that demand for units at CT Gold came largely from owner-occupiers, including SMEs in sectors such as light manufacturing, ecommerce, logistics and artistic markets, which value distance to the city and convenience for both clients and workers.
The take-up was driven mostly by bulk purchasers getting several units.
He includes that freehold industrial developments stay especially appealing amid restricted supply. “Such assets are engaging provided their deficiency and capability to preserve value with time.”
” Most of buyers were end-users,” he includes.
The 63 production units are spread out across eight floors, with dimensions ranging from 1,615 to 1,959 sq ft. Sales schedulings began on April 30, with top priority given to mass customers purchasing five to 10 units.
The solid take-up adheres to 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 three canteens were offered quickly after the March 2025 launch, marks Kelvin Fong.
Chu likewise indicates timing as a crucial element. “CT Gold got in the marketplace at once when much more businesses are reassessing their extended area approach, changing from leasing contract to ownership where feasible.”
