CT Gold sells out in two days as bulk buyers snap up units
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the development is inside walking distance of Potong Pasir MRT Station on the North-East Line. It is slated for finalization in 2030.
The three canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally taken up by different customers.
” Most of investors were end-users,” he includes.
” For several SMEs, owning their area is no longer just an operational decision, but likewise an annual report approach,” says Chu.
” Whilst multiple-unit acquisitions were dominant at CT Pemimpin, activity was even more powerful at CT Gold, where all of the units were acquired by these customers,” says Low, that connects the quicker take-up to its “more central place”.
Established by Chiu Teng Group– that has been experts in industrial and business projects for the last 27 years– CT Gold is a redevelopment of the former MacPherson Industrial Facility, obtained en bloc for $103.888 million in May 2025.
Production units were cost 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 rate of units offered ranged from $2.5 million to $2.6 million.
The 63 production units are spread out throughout 8 levels, with dimensions varying from 1,615 to 1,959 sq ft. Sales bookings kicked off on April 30, with top priority offered to quantity buyers purchasing five to 10 units.
He includes that property industrial growths stay specifically eye-catching in the middle of minimal supply. “Such assets are compelling offered their scarcity and ability to preserve worth with time.”
When sales opened up at 10am on May 1, the remaining units were rapidly taken up by multiple-unit buyers, each obtaining 2 to four units, with all production units offered within a few hours.
CT Gold was previewed from April 15 to 29, drawing strong attention during the two-week time frame thanks to its place in the developed MacPherson city-fringe industrial area, says Ken Low, handling associate of SRI, among the venture’s shared promotion and marketing agents.
Marcus Chu, Chief Executive Officer of ERA Singapore, observes that demand for units at CT Gold came mostly from owner-occupiers, including SMEs in fields such as light production, e-commerce, logistics and artistic sectors, which value proximity to the city and accessibility for both customers and workers.
The take-up was steered mainly by bulk buyers getting several units.
Chu likewise indicates timing as a key element. “CT Gold went into the marketplace at a time when much more services are reassessing their continued room approach, shifting from renting to ownership where possible.”
The solid take-up adheres to the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a freehold B1 strata-titled industrial advancement near Marymount MRT Station. All 56 units and three canteens were offered soon after the March 2025 release, marks Kelvin Fong.
It isn’t just non commercial projects seeing brisk sales. At CT Gold, an estate, strata-titled commercial development in the MacPherson industrial estate, all 63 production units and three canteens were bought throughout two days of launch, with the project totally sold out as at May 1.
