According to Land Acquisition Act 1960, The State Authority may acquire any land which is needed :
(a) for any public purpose.
(b) by any person or corporation for any purpose which in the opinion of the State Authority is beneficial to the economic development of Malaysia or any part thereof or to the public generally or any class of the public.
(c) for the purpose of mining or for residential, agricultural, commercial, industrial or recreational purposes or any combination of such purposes.
The only difference is, freehold means permanent and absolute tenure of land or property with freedom to dispose of it at will.