Q&A Komuniti AskGuru

I have just sold my current property in Shah Alam. Am making profit more than 100% from the sale. With that am planning to buy another house ( corner unit) from the same developer, same township. My initial plan was to take lower loan amount (about 60%) at shorter loan tenure for my new property costing about 1.2 mil, to lower my monthly commitment. But thinking about it, I may need additional sum for my reno/ moving in cost for my new house. Some people say that if you can afford it, try to avoid max loan tenure at 35 years. Am still undecided here and would like to hear some views. Thanks.