CT Gold sells out in two days as bulk buyers snap up units
The 63 production units are spread across eight floors, with dimensions varying from 1,615 to 1,959 sq ft. Sales reservations started on April 30, with priority offered to quantity purchasers acquiring 5 to 10 units.
Situated at 5 Lorong Bakar Batu, off MacPherson Road in District 13, the development is within strolling distance of Potong Pasir MRT Station on the North-East Line. It is slated for completion in 2030.
He adds that freehold industrial growths stay specifically attractive amidst minimal supply. “Such possessions are engaging given their shortage and capability to preserve value over time.”
” While multiple-unit transactions were dominant at CT Pemimpin, activity was even more powerful at CT Gold, where all of the units were obtained by these buyers,” claims Low, that attributes the much faster take-up to its “more main location”.
Chu also underlines timing as an essential element. “CT Gold entered the marketplace at a time when extra businesses are reconsidering their continued room technique, changing from renting to possession where feasible.”
Union Square Residences City Developments Limited
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 marketed within a couple of hours.
Developed by Chiu Teng Group– which has actually been experts in industrial and commercial work for the last 27 years– CT Gold is a redevelopment of the former MacPherson Industrial Complex, acquired en bloc for $103.888 million in May 2025.
It isn’t just residential projects seeing brisk purchases. At CT Gold, an estate, strata-titled industrial property development in the MacPherson industrial estate, all 63 production units and three canteens were grabbed within two days of launch, with the project totally sold out as at May 1.
The take-up was steered greatly by bulk customers purchasing multiple units.
” The majority of consumers were end-users,” he adds.
Manufacturing units were sold at in between $1,400 and $1,900 psf, with the majority of transacting at approximately $1,500 to $1,600 psf. In outright terms, the typical cost of units marketed ranged from $2.5 million to $2.6 million.
The 3 canteen units on the first level, varying from 1,863 to 2,293 sq ft, were also consumed by separate customers.
” For lots of SMEs, owning their space is no more just an operational choice, however additionally a balance sheet approach,” claims Chu.
Marcus Chu, CEO of ERA Singapore, sees that demand for units at CT Gold came mostly from owner-occupiers, consisting of SMEs in markets such as light manufacturing, e-commerce, logistics and artistic markets, which value closeness to the city and ease of access for both clients and workers.
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 three canteens were sold soon after the March 2025 kick off, marks Kelvin Fong.
CT Gold was previewed from April 15 to 29, pulling strong attraction during the two-week duration due to its location in the developed MacPherson city-fringe industrial park, mentions Ken Low, handling associate of SRI, one of the venture’s joint marketing agents.
