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

    Third-gen owner Edmond Wong is not concerned about “vanity” metrics, and instead aims to “sustain a good business”.

    Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage

    Singapore Kitchen Equipment was founded by husband-and-wife duo Sally Chua (left) and Alan Lee.

    Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now

    The flush liquidity in Singapore has weakened a historically tight link between interest rates in the city state and the US.

    Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook

    The firm on May 15 proposed injecting Marco Polo Shipyard and MP Marine into Fuji Offset Plates Manufacturing.

    Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder

    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