The project will be Singapore’s tallest HDB development at over 60 storeys, and is the first BTO project to be launched at Pearl’s Hill in over four decades.  SINGAPORE: The upcoming Build-to-Order (BTO) project at Pearl’s Hill could have a subsidy clawback of as high as 20 per cent, property analysts said on Wednesday (Mar 4). That rate would surpass that of Berlayar Residence, which is located at the site of the former Keppel Club and has a subsidy clawback rate of 14 per cent – the highest