Overview
- The 344-room property ceased operations at the end of October and is slated for roughly 12 months of works before reopening as DoubleTree by Hilton Singapore Robertson Quay in the fourth quarter of 2026.
- Wee Hur, through its Wee Hur Property unit, holds a significant minority stake in the Aravest-managed fund and will act as development partner.
- M&G Real Estate owns 25.3% of the fund, while Aravest, owned by SMFL, positions the deal as a springboard for a broader Asia-Pacific hospitality portfolio.
- The owners will preserve the building footprint without subdividing rooms and plan upgrades including pickleball courts, a kids’ club, and new DoubleTree food-and-beverage concepts Saus and Brew 33.
- The pricing accounted for about 41 years remaining on the site’s 99-year lease, and management says it hopes to open ahead of Singapore’s F1 race in October 2026 subject to progress.