Singapore legislation
Section 4
Section 4
Powers of the Corporation relative to properties
The Corporation may acquire, purchase, take, hold and enjoy movable and immovable property of every description within the Colony, and sell, convey, assign, exchange, surrender, yield up, mortgage, demise, re‑assign, transfer or otherwise howsoever dispose of or deal with any movable or immovable property vested in the Corporation upon such terms as to the Corporation seem fit.