My guess is if your property is bank-valued not borderline RM1 million but around RM1.4 it should be acceptable for State Consent. But that's my guess only. And to get fast fast State Consent must send in the runners and pray hard, if not just pray even harder.
my guess is that, as bro Funniman pointed out, state valuation will hinge on past transactions. so, the properties around the 600k RM ++ house should be "churned" around a few round by locals (since no foreigner can buy.), slowly up to pass 1M.. before the valuation > 1M. may take loooong time neh.