CT Gold sells out in two days as bulk buyers snap up units
CT Gold was previewed from April 15 to 29, luring strong interest throughout the two-week span because of its place in the developed MacPherson city-fringe enterprise zone, says Ken Low, managing associate of SRI, one of the project’s mutual marketing brokers.
” For several SMEs, having their room is no longer just a functional choice, however likewise an annual report approach,” states Chu.
He adds that property industrial developments stay especially attractive amidst minimal supply. “Such possessions are engaging provided their scarcity and capacity to protect worth gradually.”
Found at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the property development is inside walking distance of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
Established by Chiu Teng Group– which has been experts in industrial and commercial assignments for the past 27 years– CT Gold is a redevelopment of the former MacPherson Industrial Facility, obtained 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 likewise consumed by different buyers.
Chu likewise indicates timing as an essential factor. “CT Gold got in the marketplace at a time when more businesses are rethinking their continued area approach, moving from renting to possession where possible.”
When sales opened at 10am on May 1, the remaining units were swiftly taken up by multiple-unit prospective buyers, each obtaining two to 4 units, with all production units offered within a couple of hours.
It isn’t simply residence properties seeing brisk purchases. At CT Gold, an estate, strata-titled industrial development in the MacPherson industrial estate, all 63 production units and three canteens were snapped up throughout 2 days of launch, with the project fully sold out as at May 1.
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 ordinary rate of units offered varied from $2.5 million to $2.6 million.
Marcus Chu, Chief Executive Officer of ERA Singapore, observes that demand for units at CT Gold came mostly from owner-occupiers, including SMEs in industries such as light production, ecommerce, logistics and artistic industries, which worth closeness to the city and accessibility for both customers and employees.
Springleaf Residence floor plan
The 63 manufacturing units are spread throughout eight floorings, with dimensions ranging from 1,615 to 1,959 sq ft. Sales schedulings began on April 30, with priority provided to bulk buyers acquiring five to 10 units.
” Most of consumers were end-users,” he includes.
” While multiple-unit purchases were dominant at CT Pemimpin, activity was even more powerful at CT Gold, where all of the units were gotten by these buyers,” says Low, who associates the much faster take-up to its “more central area”.
The take-up was generated greatly by mass customers buying numerous units.
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 Station. All 56 units and three canteens were marketed shortly after the March 2025 launch, notes Kelvin Fong.
