CT Gold sells out in two days as bulk buyers snap up units
The 63 manufacturing units are spread throughout 8 floorings, with dimensions varying from 1,615 to 1,959 sq ft. Sales schedulings kicked off on April 30, with priority offered to quantity customers buying 5 to 10 units.
Found at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the development is inside strolling range of Potong Pasir MRT Station on the North-East Line. It is slated for wrap-up in 2030.
The strong take-up follows 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 sold soon after the March 2025 release, marks Kelvin Fong.
” Most of investors were end-users,” he includes.
The three canteen units on the first level, varying from 1,863 to 2,293 sq ft, were additionally occupied by separate buyers.
” While multiple-unit transactions were dominant at CT Pemimpin, activity was even stronger at CT Gold, where all of the units were gotten by these customers,” states Low, who associates the much faster take-up to its “more main place”.
Established by Chiu Teng Group– that has specialised in industrial and commercial projects for the past 27 years– CT Gold is a redevelopment of the previous MacPherson Industrial Complex, got en bloc for $103.888 million in May 2025.
CT Gold was previewed from April 15 to 29, pulling strong attraction during the two-week time frame thanks to its area in the developed MacPherson city-fringe industrial area, says Ken Low, managing partner of SRI, among the venture’s shared promotion and marketing agents.
He includes that estate industrial growths stay specifically appealing amidst restricted supply. “Such assets are engaging offered their deficiency and ability to maintain price in time.”
It isn’t just residential plans seeing quick sales. At CT Gold, a freehold, strata-titled commercial property development in the MacPherson industrial estate, all 63 manufacturing units and 3 canteens were purchased within two days of launch, with the plan completely sold out as at May 1.
Lentor Gardens Residences floor plan
Production units were sold at between $1,400 and $1,900 psf, with many negotiating at approximately $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 take-up was generated largely by bulk customers snapping up numerous units.
Marcus Chu, Chief Executive Officer of ERA Singapore, observes that demand for units at CT Gold came primarily from owner-occupiers, consisting of SMEs in sectors such as light production, shopping, logistics and artistic sectors, which worth distance to the city and availability for both clients and employees.
When sales opened up at 10am on May 1, the remaining units were promptly taken up by multiple-unit investors, each obtaining 2 to 4 units, with all production units sold within a few hours.
” For many SMEs, owning their room is no more simply a functional decision, but additionally a balance sheet strategy,” states Chu.
Chu likewise indicates timing as a key factor. “CT Gold went into the market at a time when a lot more businesses are rethinking their long-term area method, changing from leasing contract to possession where feasible.”
