Hi all, thank you for your help, really appreciate your input

Apart from OCBC, EON Bank n' Standard Chartered are offering quite competitive rates too The former is semi-flexi while the latter two are full-flexi
The package is only eligible with >RM500K loan amount, my poor house's value is much much lesser than that

By the way, I just sold a house last week, will I kenak tax for refinancing for my current one, is it considered selling a 2nd house?  Thank you

From what I understand both utilise the same way to calculate interest and deduction of principle. The difference in semi is that the withdrawal process and pre-payment is more strigent.

For Flexi, u will get a chequing account and withdrawal of prepayment is done via a cheque; prepayment is oso flexible just deposit into your chequing account without minimum amt. Of course there is charges for opening the chequing a/c and a monthly maintainence fee

For semi, most oso have 2 accounts (loan a/c & prepayment a/c) but withdrawal requires notification (up to 3 days)  and only limited to 2 or 3 times a year. Withdrawal are usually via bank transfer or atm & charged only when you make withdrawal (RM10 per transaction) Pre-payment have minimum amt (usually must be in multiple of RMxxxx) and some even have maximum (must not exceed x% of annual installment)

I chose semi as my intention was to shorten the duration of the mortgage but with some contigency plan i.e. intend to do pre-payment but only withdraw in 'emergency'