CT Gold sells out in two days as bulk buyers snap up units
Production units were sold at in between $1,400 and $1,900 psf, with a lot of transacting at approximately $1,500 to $1,600 psf. In absolute terms, the typical rate of units offered varied from $2.5 million to $2.6 million.
” For lots of SMEs, owning their space is no longer simply an operational choice, however additionally a balance sheet strategy,” claims Chu.
When sales opened up at 10am on May 1, the standing units were rapidly taken on by multiple-unit investors, each obtaining 2 to 4 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, ecommerce, logistics and artistic markets, which worth distance to the city and ease of access for both customers and employees.
Established by Chiu Teng Group– which has been experts in industrial and business assignments for the past 27 years– CT Gold is a redevelopment of the past MacPherson Industrial Complex, got en bloc for $103.888 million in May 2025.
The strong take-up adheres to the launch of Chiu Teng Group’s earlier project, CT Pemimpin, a freehold B1 strata-titled industrial development near Marymount MRT Terminal. All 56 units and 3 canteens were marketed quickly after the March 2025 release, marks Kelvin Fong.
He includes that freehold commercial advancements continue to be particularly attractive in the middle of limited supply. “Such possessions are compelling provided their deficiency and capacity to preserve price gradually.”
The three canteen units on the first level, ranging from 1,863 to 2,293 sq ft, were additionally taken up by separate buyers.
CT Gold was previewed from April 15 to 29, attracting strong interest during the two-week period thanks to its area in the established MacPherson city-fringe industrial park, mentions Ken Low, regulating partner of SRI, among the venture’s mutual promotion and marketing agents.
The take-up was steered mostly by mass buyers purchasing multiple units.
The 63 production units are spread across eight levels, with sizes varying from 1,615 to 1,959 sq ft. Sales reservations commenced on April 30, with priority given to mass customers acquiring five to 10 units.
It isn’t simply residential plans observing brisk sales. At CT Gold, a property, strata-titled industrial property development in the MacPherson industrial estate, all 63 production units and three canteens were gotten throughout 2 days of launch, with the plan totally sold out as at May 1.
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the project is within strolling range of Potong Pasir MRT Station on the North-East Line. It is slated for completion in 2030.
” Whilst multiple-unit acquisitions were dominant at CT Pemimpin, activity was also stronger at CT Gold, where all units were gotten by these buyers,” says Low, that connects the faster take-up to its “more central area”.
Chu additionally points to timing as a crucial element. “CT Gold went into the market at a time when more organizations are reconsidering their continued room technique, moving from renting to possession where possible.”
” Most of home buyers were end-users,” he adds.
