The partners reportedly paid $160 million for the 53-year-old hotel, with Wee Hur taking a minority stake.
Investment firm Aravest and Wee Hur Property, a unit of Wee Hur Holdings are in a venture to buy over and refurbish the former Hotel Miramar along Robertson Quay.
Upon completion in 2026, the hotel will be branded DoubleTree by Hilton, marking the debut of this Hilton brand in Singapore.
