The value of free


  • Business
  • Saturday, 22 May 2010

IT is common, in fact, simply human nature that when you get something for free, the value is less appreciated. Still, who doesn’t love a freebie? But could that still be the case when it involves choice public land?

It is widely speculated that the Government will transfer its ownership of some 195 ha of prized land in Sungai Besi, currently the base for the Royal Malaysian Air Force (RMAF), to 1Malaysia Development Bhd (1MDB) to be developed into a mammoth scale urban renewal project.

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