Yes, it's cheaper if you choose UTAR, but before you make your decision, please check the lecturers' qualifications. If you are brave enough, you can even ask "Why does he end up with passing merely few papers?"

It's definitely not stupid to spend RM100k of tuition fee plus living cost studying overseas. The price is expensive, but what you gain is precious.

Oh ya, someone said exemptions are important. Agree.

If you wont be facing financial constraints if you choose NTU/NUS actuarial courses, in my opinion, you should take it. SOA papers are hard, and the local lecturer is not as good as Singapore's, plus papers are not exempted, to me, I won't take such risks.

info from NTU(IoA):http://www.nbs.ntu.edu.sg/undergrad/BUS/
info from NUS(joint with ANU)(IAA):http://www.fas.nus.edu.sg/ecs/undergraduate/anu_nus.html

IoA is pretty much similar to IAA.

If you not that kind of people who always miss their home, you should see the prospects of an actuary in the world, not in Malaysia. Actuarial studies is new, in Australia, it has only 30+ years of history. Even Melbourne U(few hundred years old) started teaching actuarial just 10 years ago. We can't expect much from Malaysia's Uni.

If possible, consider Macquarie University(Aus)(oldest), LSE(UK), City(UK)(oldest) etc. (not familar with US one)