Hello users!
I was looking forward for the preview of M Residence 2 @ Rawang. And managed to book a unit on the 1st day of the preview itself.
However upon submission for loan, I was informed by the banker that the land to be developed is still listed under agricultural.
Is it going to a problem??
Please advise

I spoke to my SA regarding to the conversion. He told me it's going be be converted as soon as 2-3 months. But the thread here is saying otherwise. Some are pointing out 6 months, others are speculating 9 months.

I am first time buyer. So, I was very careful and did as what is stated in the booking forms. Upon my booking I submitted my complete documentation within 3 days time. There were 14 days period for us to submit the documents. Didn't want to take any risk. MBB has approved my loan in 4 days time. I spoke to my SA and he said that the land conversion is still ongoing. MBB did approve the loan prior to the conversion. I confirmed with the banker. Now, he told me I can sign the Letter of Offer now. The loan agreement could be signed during the S&P signing. According to him, the loan will only be disbursed after the loan agreements are signed. Is it how it works?? Please advise.

And what is bank EF??

Can u please elaborate further on the strata title and the individual title. What's the difference? Pro and cons? And what is DMC?! If anyone knows the link, would be helpful as well. Thanks!

I am no M Club card holder. But I have booked a unit in MR2 as well. So can introduce u for the incentive.