Not bad compared to what?

1. PRS youth incentive is once-off
2. Basically if you invest in unit trust and/or PRS you have the similar flexibility.
3. Tax relief… it’s only that obvious in tax savings if and when you are in the higher income tax bracket.
4. Due to the limitations of withdrawal similar to that of EPF, one should take note that money going in PRS though provide savings in tax… those money… one cannot touch until one is aged 55.