CT Gold sells out in two days as bulk buyers snap up units
Manufacturing units were sold at in between $1,400 and $1,900 psf, with a lot of negotiating at approximately $1,500 to $1,600 psf. In absolute terms, the average rate of units marketed ranged from $2.5 million to $2.6 million.
It isn’t simply non commercial properties finding brisk sales. At CT Gold, an estate, strata-titled commercial development in the MacPherson industrial estate, all 63 production units and 3 canteens were grabbed throughout 2 days of launch, with the property totally sold out as at May 1.
” Most of home buyers were end-users,” he includes.
” For many SMEs, possessing their area is no longer simply an operational choice, but also a balance sheet strategy,” claims Chu.
Built by Chiu Teng Group– that has actually specialised in industrial and commercial work for the last 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Complex, acquired en bloc for $103.888 million in May 2025.
The take-up was driven greatly by bulk buyers purchasing multiple units.
Chu also underlines timing as a crucial variable. “CT Gold went into the marketplace at once when extra businesses are rethinking their continued room strategy, changing from renting out to ownership where feasible.”
The 63 production units are spread out throughout eight levels, with dimensions stretching from 1,615 to 1,959 sq ft. Sales reservations began on April 30, with top priority offered to mass purchasers acquiring five to 10 units.
He includes that freehold industrial advancements remain particularly eye-catching amid restricted supply. “Such possessions are compelling given their scarcity and ability to maintain value gradually.”
Marcus Chu, CEO of ERA Singapore, observes that demand for units at CT Gold came primarily from owner-occupiers, consisting of SMEs in industries such as light manufacturing, ecommerce, logistics and creative industries, which worth distance to the city and convenience for both customers and employees.
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 Terminal. All 56 units and 3 canteens were sold quickly after the March 2025 release, marks Kelvin Fong.
” While multiple-unit acquisitions were dominant at CT Pemimpin, activity was even stronger at CT Gold, where all of the units were gotten by these customers,” says Low, that attributes the much faster take-up to its “more main area”.
The three canteen units on the first level, varying from 1,863 to 2,293 sq ft, were also consumed by separate customers.
CT Gold was previewed from April 15 to 29, luring strong attraction during the two-week time frame due to its place in the developed MacPherson city-fringe industrial park, mentions Ken Low, regulating partner of SRI, among the venture’s mutual promotion and marketing representatives.
When sales opened at 10am on May 1, the remaining units were promptly taken up by multiple-unit investors, each acquiring 2 to four units, with all production units marketed within a few hours.
Found 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.
