Singapore legislation
Section 4
of Federal Lands Commissioner, Malaysia (Incorporation) Act 1959
Section 4
Powers of Corporation
The Corporation may enter into contracts and may acquire, purchase, take, hold and enjoy movable and immovable property of every description, and may convey, assign, surrender and yield up, charge, mortgage, demise, re‑assign, transfer or otherwise dispose of, or deal with, any movable or immovable property vested in the Corporation upon such terms as to the Corporation seem fit.