The Business Times
business-time-50
THE LEVEL GROUND

Would a subsidy clawback of 20% or more for top HDB BTO projects be excessive?

A Pearl’s Hill BTO flat may not be a slam dunk with tighter restrictions in place for Prime flats

Summarise
google-preferred-sourceAdd BT as a preferred source
Leslie Yee

Leslie Yee

Published Mon, Mar 23, 2026 · 12:16 PM
    • Some analysts expect BTO units at Pearl's Hill to come under the Prime category and have a subsidy recovery rate of 18 to 20 per cent.
    • Some analysts expect BTO units at Pearl's Hill to come under the Prime category and have a subsidy recovery rate of 18 to 20 per cent. PHOTO: BT FILE

    POTENTIAL new Housing & Development Board (HDB) flat buyers can look forward to the Build-To-Order (BTO) project at Pearl’s Hill in Outram, which will become Singapore’s tallest public housing project, with an over-60-storey block.

    Located adjacent to Outram Park MRT station, the Pearl’s Hill project will have about 1,700 two-room flexi, three and four-room units, and over 140 public rental flats. It will be the first public housing project to be launched in the area in over four decades.

    Imagine living near the Central Business District and enjoying spectacular views from a high-floor Pearl’s Hill HDB flat.

    BTOHDBHousingSingapore residential propertyResidentialThe Level Ground

    TRENDING NOW

    The company says the disputes do not cast significant doubt on its ability to continue as a going concern.

    Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    BT visited Charlotte Vehicle’s business address on Monday during opening hours, but found the office closed.

    Car-rental firm Charlotte Vehicle allegedly owes about S$140,000 to 34 customers

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More