Dreamer,

3) We do have emergency fund that can lasts us for about 7-8 month minimum. I do think about the risk of recession often, that is why i dont purchase higher end property.

That's the reason i want to take longer loan tenure, so that i have some breathing space especially during the 1-2nd year of our marriage. Thank you for the tips about refinancing.I will bear that in mind.
Pai,

Yes, our combined income are more than 8k excluding bonuses. I just need the extra money for the wedding ceremony proposed to be held end of next year and some of the extra money saved will be channeled towards investing.
My plan is to get a loan that will allow me to pay the absolute minimum (no payment at all would be better) for the first year of the loan period and save the money for the ceremony. After that even with 1.5 commitment monthly, i think we can survive as we are saving around 3.5k monthly combined.

Regards