Macpherson Industrial Complex Sold for $103.9m
Macpherson Industrial Complex has been sold for $103.9 million during its initial attempt at collective sales, according to ETC, the marketing agency overseeing the transaction.
CT Gold @ Macpherson B2 Industrial
About CT Gold @ Macpherson Industrial
CT Gold @ Macpherson is a new freehold Business 1 (B1) industrial development situated at 5 Lorong Bakar Batu in District 13, Singapore. Located in the existing Macpherson industrial estate, it is anticipated that a new multi-user industrial development will be brought in to accommodate the requirements of modern businesses.
The project will replace the MacPherson Industrial Complex, a long-loved industrial building. The redevelopment represents the continued modernization of Singapore’s older industrial sectors into more efficient and modern workspaces — geared toward logistics companies, light manufacturers and tech-enabled enterprises.
CT Gold @ Macpherson stands as a rare industrial property in Singapore given its freehold tenure and a city-fringe location. The bulk of industrial developments in the country go for leasehold, usually 30 – 60 years. As a consequence, freehold industrial properties in close proximity to the city centre often attract strong interest from investors and business owners who are looking for long-term ownership of their premises.
At 49,410 square feet with extensive road frontage along Lorong Bakar Batu the development plays out on a freehold site. The property was originally made up of an 8-storey industrial building and has been redeveloped for a more productive industrial design to enhance operational processes for modern businesses. Inside the Macpherson industrial estate the location also puts the development close to established industrial companies, logistics operators, and commercial companies.
Between its freehold ownership, central location, and industry, combined with the clean layout in contemporary style, CT Gold @ Macpherson is setting a new benchmark in Singapore’s industrial land market.
The ramp-up industrial design of CT Gold @ Macpherson allows vehicles directly to reach upper floors in a very modern manner. It is becoming more common to design this approach in emerging industrial buildings, as it enhances operational ease significantly. This will be extremely advantageous for businesses that require frequent deliveries or logistics operations, as it allows the removal and unloading of goods at the unit level (unlike the lift or loading bays usage that is required for most building systems).
Eight-storey ramp-up industrial development with around 66 strata industrial units is planned by the building. The ramp-up creates multiple levels for automotive access; you get to move goods within the building. This feature is especially helpful for logistics and e-commerce companies and distribution businesses that need efficient movement of inventory.
A great feature of the development is the high ceiling heights, approximately 6.3 metres to 7.35 metres. Today’s high ceilings represent an essential component of industrial design, offering companies an opportunity to expand vertical storage space. Businesses may install storage racks or mezzanine floor plans to maximise space utilization especially where large-scale storage facilities are required. It is also constructed to accommodate various industrial uses with a floor loading capacity of up to 10 kN per m2.
This enables the building to be equipped with the large machinery and storage equipment, also associated with the storage and industrial plants typically associated with Business 1 functions.
The units in CT Gold @ Macpherson are designed with power capacities between 63 Amps to 200 Amps, allowing business units from different operations stages to run and function in comfort inside the building. This adaptability means the development can cater to a variety of industries, including light production and research and development. It encompasses service lifts and passenger lifts to allow the transportation of goods and people throughout the development.
The service lifts ensure extra logistics support for the Business-to-business movement of goods between floors, and passenger lifts permit easy access for employees and visitors. Roller shutter access is also added for designated units, especially in lower floors, to directly place and release product.
Apart from production and storage units, the development have designed ancillary office spaces. Business owners can organize operating and administrative staff into a single unified office-warehouse setup. Firms would much rather do so, as it enhances their management and decreases the requirement of having two separate offices.
At large, CT Gold @ Macpherson’s architectural design represents the ever transitioning nature of today’s businesses. The space integrates functional industrial features with economical design, applicable to various sectors such as logistics, technology, distribution and light manufacturing.
RSVP to view CT Gold Showflat with VVIP Preview Price.
CT Gold @ Macpherson Location
The development is located at 5 Lorong Bakar Batu, within the existing Macpherson industrial precinct in District 13. It is a city-fringe industrial area with businesses close to central Singapore and major transportation networks. The location is linked to Singapore’s expressway system which is one of the prime features.
The build-in is set close to state facilities such as Pan-Island Expressway (PIE), Central Expressway (CTE) and Kallang-Paya Lebar Expressway (KPE). The highways enable a direct link to alternate areas on the island, and a more commercial route in order to allow goods to be carried over an island.
There are also good proximity to public transport for the development. Potong Pasir MRT Station is some 600 metres away, which puts it within reach of employees who commute from the MRT network. Other nearby stop stations are Mattar MRT and MacPherson MRT and all have helped to connect the local transport system.
This high level of availability is what makes the development so appealing to companies who need a central operating area with quick access to suppliers, customers and retail channels. Another plus of the site is its closeness to Singapore’s significant business centres, it added.
From Macpherson businesses can reach the Central Business District (CBD), and Orchard Road in a little over 20 minutes by car. This very close proximity means that firms can connect with clients, corporate offices, and business districts, while operating from an industrial environment. Over time, the Macpherson and Tai Seng districts have developed into strong business clusters that have an extensive mix of commercial, industry and office developments.
Over the years, a number of new business parks, business and industrial buildings have been opened that are now attracting technology companies, logistics providers and creative sectors. The growing business community only adds to the attractiveness of CT Gold @ Macpherson for today’s modern-day corporations.
Amenities Nearby at CT Gold @ Macpherson Location
The surrounding vicinity of CT Gold @ Macpherson is quite resourceful and fully connected to other areas in the locale. These are convenience facilities for the employees (working for the region) in the area and contribute to a nice and pleasant working environment. Multiple retail malls are within easy access to the development.
There are many shopping centres such as Macpherson Mall, 18 Tai Seng, SingPost Centre, City Plaza and Kinex which provide numerous retail stores, supermarkets, dining and bank branches, as well as banking. Such malls also provide convenience access to everyday products and services for businesses in the district.
The nearby neighbourhood also offers abundant food options. Macpherson Road and Circuit Road are the places frequented for dining, with plenty of local foods and casual restaurants. Circuit Road Hawker Centre is among the most recognised food centres in the area with workers accustomed to eating local products which bring affordable and variety of food products.
A suburb’s supermarket chains including NTUC FairPrice, Prime Supermarket and Sheng Siong are nearby, which is convenient for workers, as they can conveniently shop for groceries and daily essentials. These stores may also improve the convenience for those who work long days toil in the industrial estates. That way employees will have easy access to food, shops and car services – a win-win situation for team happiness as well productivity at work.
Potential of the Site
CT Gold @ Macpherson is one of a range of new industrial developments recently developed to cater the changing needs of Singapore’s businesses. At 5 Lorong Bakar Batu in District 13, the project presents a contemporary freehold B1 industrial building located in an ageing city-fringe industrial estate.
Redeveloping itself from the former MacPherson Industrial Complex, it illustrates a process of moving older industrial areas towards more contemporary and modern workspaces. The building’s design and operation aspects are great for logistics industry, e-commerce, technology sector and light manufacturing industry business.
Equally significant is the strategic location of the development. Key points like building’s access, ramp-up facilities and floor loading capacity all make the building ideal for businesses. CT Gold @ Macpherson also has a great connection to mainland Singapore by easy access by major expressways, neighboring MRT lines and Singapore’s commercial centres.
Beside Macpherson nearby businesses also have a plethora from shopping mall to food centre with full super shops, to make things really cheap and comfortable. For business and investment investors looking for a centrally located industrial property that has potential for long term ownership, CT Gold @ Macpherson gives them a good business.
That blend of freehold tenure, modern industrial design, and city-fringe positioning leads it to be one of Singapore’s more interesting industrial developments in its developing industrial property market.
Frequently Asked Questions (FAQs)
Is the void area included in the strata area?
No. Void area is excluded in strata area.
Does the unit come with roller shutter?
Rolller shutter will be provided for units at level 1, 2, 3 and 4
Can adjoining walls be knock through for bigger unit?
Yes. Adjoining walls can be break through to form bigger units if required
Is this a B1 or B2 Industrial?
This is a B1 Industrial.
Can this be use as a dormintory?
No. This is for B1 Industrial usage.
Is this a 30 yrs or freehold tenure development?
CT Gold is a freehold B1 development.
Where is CT Gold located?
CT Gold is located at 5 Lorong Bakar Batu Singapore
CT Gold at Macpherson Project Specification
| Project | CT Gold @ Macpherson |
| Description | 8 Storey Ramp Up B1 Multi User light industry |
| Developer | CT Macpherson Pte Ltd (Chiu Teng) |
| Address | 5 Lorong Bakar Batu |
| Tenure | Freehold |
| Total Unit | 63 Units and 3 Canteen |
| TOP | 2030 |
| Unit Type | Production Units and Canteen |
| Ceiling Height | 5.6 to 7.35m |
| No of Carpark | 39 |