Daily Briefing: Downtown MRT Line boosts home prices; Married couples belittle retirement period of 24 years

And One Farrer Hotel & Spa to open in August.

• "Many studies have shown the positive impact on prices for houses within proximity to new public transportation, most notably metro systems, tram, suburban railway and bus stations," according to the latest Knight Frank report on the impact of transport corridors and urban mass transit systems on house prices. Read more here.
• Many people in Singapore are underestimating their retirement period, according to survey findings unveiled by Manulife Asset Management during a media briefing on Friday. Find out more here.
• The five-star One Farrer Hotel & Spa, situated within Singapore's mixed-use lifestyle complex Connexion, is set to open in phases by end-August 2014, according to media reports. Read more here.