You're also "Tiger"r mar.. LOL 
Your case, if the loan tenure is still long way to go, it's a good time now you should do re-finance...
In long run, the interest saved is definitely more than legal+stamp duty (0.5% only) being paid.

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Added on

To be fair (I'm not Tiger fan), other banks also have the similar clause

yep...i know....   i can refinace it or settle in lump sump....but i still got other loans.....if i refinance it and keep another bulk of cash and place it in a flexi account, i still save $$$ over the long run....but the risk is with liquidity cash....means i may dump into another new property along the way... too many saying bubble bubble....take a break first....

Just my opinion. Besides Tiger bank, El Rajhuwali also got hidden clause. RM10 for every transaction. You put money in your account, minus RM10. Bank minus the amount in your account to pay your monthly installment, minus RM10. You take out money from your own account, minus RM10.You hilang card or damage like microchip cannot be read (their own stupid supplier F up, but you pay RM20 for that). Other banks happily replace for free.

I kena this one. Luckily only 5 years loan (not housing loan). I lost RM1K++ in 5 years time and this year the loan will habis bayar. so lega. I checked the agreement. Nothing mentioned on this. The only clause mentioned:

El-Rajhuwali has the sole right to impose or increase transaction fees without any prior notice. My fault also coz I consider this stupid bank.

Islamic Bank is being created to protect the people but these so called Islamic Banking is the one that sembelih you kau2. BS I tell you.

Is this confirm? " only applicable for Islamic loan only" & " conventional loan will be remained unchanged"

if it is confirm.

What is the strategy for new property buyer? getting islamic loan or conventional loan? & why?

Can give one example for below? it possible some computation, ok?

" The only different is your stamp duty for the loan will have to pay more because of the Selling Price after the end of the loan tenure in Islamic loan agreement is higher. "

No problem bro. We are here to share. Hopefully nobody kena like me. Please dont take this bank. You will knock your head and feel like a sohai coz signed the agreement and yes there is a a penalty for early settlement. My loan for 5 years, if pay full lesser than 5 years, also got penalty. I really2 feel like kena kencing sampai hancing wooo. huhuhu

 

cheap....if you take a 500k loan. if you want to fully settle within the lockin period.....you paid up to 499k and leave 1k outstanding....then, you tell then you want to fully settle the outstanding...2% of 1k = 20 nia..... if this works

aiyah...i also know...but he says 2% from outstanding mah....so, i troll him lor....

actually 2% is not much lar....lets say 500k loan....2% = 10k nia.....

if you buy a property worth 550k and sell it when it goes up to 800k.....you take out 55k and borrow 495k....and your 55k can earn you 250k and after deduct legal fees, stamp duty plus penalty, you still earn 200k++....why bother the penalty???? IS it orang bila mahu kaya become more calculative???? 

imagine as if ask you to read through the telephone yellow pages thick alike SPA and Loan Agreement.....you may need to spend one whole day and night to read and comprehend the whole thing....end up....the legal assistant just point you...sign here...sign here...sign here....and sign here.....

i am only a kuli kia....earning just enough to eat....but buy you a beer is no problem geh....  

knn...all the bank only offer me max BLR - 2.2%, somemore need to buy MRTA only can get......

ya meh??? mine is commercial loan woh.....a shop woh, not a house.....how to get -2.4%???? If buy without MRTA....get -2.1% only woh.....

I only tried AM, PB, HL lar....others belum tried....OC punya rates lagi sucks as after spoken to the officer and i told him, in case all my applications failed, only i will come back to you....no choice....