Hi, same situation as TS.

I placed booking for a new apartment with RM3000 before MCO. Then mco hit and other issues arise. Now my loan is approved but i wish to cancel the booking as im not confident with the company stability as well as my own personal financial stability at the moment.

When i place booking (before MCO) the agent advise that if i myself cancel the booking (not due to loan reject etc), the RM3000 booking will be forfeited, or if loan reject, only RM500 butn (admin fee). Can advise if there’s any way to cancel but with refund?