while waiting for responses,
you may try read this and its links if you want

Selecting PRS Providers & Funds
You may choose to contribute to one or more PRS Provider. Under each PRS Provider, you can further choose to invest into one or more funds by either contributing based on the default option (age-based selection) or select a fund based on your preferred choice.
http://www.ppa.my/getting-started/investin...roviders-funds/

The 3 good funds
Cimb PRS Asia Pacific
AmPRS REITS
KenangaPRS one (only pick this if you are confident with Malaysian economy)

PB sucks. Pay 3% SC. If you buy PRS from FSM, it's 0% service charge.

Most of us have a combo of Option 1 & Option 2 or perhaps more than that including other kinds of financial investment instruments.

But majority of us go for Option 1 with min required investment capital/amount solely for tax relief purpose.

Option 2: Non-PRS

Normal investment in unit trusts are not entitled to tax relief.

Only PRS funds are eligble for tax relief till 2021.