1MDB: what to do about its Penang land venture

1MDB has a huge amount of property on Penang Island, some 234 acres.  This is roughly 10 million square feet of land.  On paper, it looks like it's worth a lot, but in reality, as long as Penang is in opposition hands, its worth a lot less.  1MDB probably will have to take a write down.

I don't really see any way for them and the state government to come to a conclusion.  To realize top value for this land, the coming election will have to favor BN for penang.   This isn't going to happen for the next 20 years judging by the 90 some percentage for the opposition in the previous election.