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Singapore Property Outlook to Improve Longer Term, OCBC CEO Says

By Tony Seruga

Samuel Tsien, chief executive officer of Oversea-Chinese Banking Corp. (OCBC). Photographer: Brent LewinBLOOMBERG

Oversea-Chinese Banking Corp., Singapore’s second-biggest lender, expects the country’s property market to improve amid the biggest economic contraction since 2012.

“The long-term prospect for the Singapore property market, both on the residential and commercial side, I think continues to be attractive,” Chief Executive Officer Samuel Tsien said in an interview at the Singapore Regional Business Forum on Monday…

Singapore Property Outlook to Improve Longer Term, OCBC CEO Says

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