The Business Times
business-time-50
THE LEVEL GROUND
·
SUBSCRIBERS

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

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    ​OCBC head of global consumer financial services Sunny Quek says: “All of us (financial institutions) have a wealth strategy. What’s really going to differentiate one bank from another is the execution."

    OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029

    Eugene Lee, chief marketing officer of Chagee (Asia-Pacific), says that even though tea is the world's second-most consumed beverage, it has not experienced “the same lifestyle elevation or premiumisation” that coffee has.

    ‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027

    UMS Integration CEO Andy Luong says the company has benefited from AI-driven increases in demand for deposition and foundry chipmakers, among others.

    UMS Integration closes 10.2% higher after posting ‘strong’ double-digit sales growth in Q1

    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