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Thanks a lot Jess. The plan is to buy 600 sqm parcel now with an initial payment. Then when the DA approval happens in a couple of years down the line, I would need to bring in the development cost for my piece of land. All these time, I would have a unit certificate saying that I own 600 sqm...

Does any one here know if there is any loan available for DA approved undivided land? Say I?ve got a 600 sqm block of a 300 acres property which has got the DA approval. Will any bank or financial institution provide me loan to develop that land? The land would still be undivided and under a...