Chevron House

30 Raffles Place, formerly called Chevron House and Caltex House, is a high-rise skyscraper located in the central business district of Singapore. It is located on 30 Raffles Place, in the financial district of Raffles Place. The building is near several buildings and landmarks, such as Singapore Land Tower, 16 Collyer Quay, CIMB Plaza[4] and The Arcade, all of which are less than 100 metres (110 yd) away.[5] The development has direct underground access to Raffles Place MRT station. 16 Collyer Quay, a nearby neighbour of 30 Raffles Place, shares a four-level retail podium with the building.

30 Raffles Place
Former namesChevron House
General information
StatusCompleted
TypeMixed Development
Architectural styleModernism
Location30 Raffles Place, Singapore 048622
Coordinates1.2843°N 103.851955°E / 1.2843; 103.851955
OwnerThe Management Strata Title No. 4735
Height
Roof151 m (495 ft)
Technical details
Floor count33
3 below ground
Design and construction
Architect(s)Murphy/Jahn, Inc. Architects, Architects 61
References
[1][2][3]

30 Raffles Place has a total of 33 floors, excluding 3 basement levels,[6] and it rises 152.0 metres (498.7 ft) above ground. The international headquarters of Caltex is situated in the building.[7]

History

30 Raffles Place was designed by Murphy/Jahn, Inc. Architects and Architects 61, and was completed in 1993, just one year after its next-door neighbour, 16 Collyer Quay. The other firms involved in the development are CapitaLand Commercial Limited, Savu Investments Private Limited, CapitaLand, Obayashi Gumi Corporation, Sendai Eversendai Engineering Group, Steen Consultants Private Limited, PCR Engineers Private Limited, Chevalier Group, PCR Engineers Private Limited, Rider Hunt Levett & Bailey, and Toshiba Elevator and Building Systems Corporation.

Goldman Sachs acquisition

In September 2007, a Goldman Sachs-linked fund bought Chevron House, at a price of S$730 million. This equates to $2,780 per square foot ($29,924/m2) of net lettable area. This is Goldman Sachs' second major acquisition of an office property in Singapore.[8] It will allow CapitaLand to have a profit of about $150.8 million from the sale of its stake.[9]

Before the sale, Chevron House was owned by several companies. CapitaLand, IP Property Fund Asia and NTUC Income Insurance Co-operative had a stake of 50 per cent, 25 per cent and 25 per cent respectively.[8] A few months later, its neighbour 16 Collyer Quay was also bought by Goldman Sachs.

Architecture

30 Raffles Place models the late-modernist architectural style, and is similar to that of Springleaf Tower and Hitachi Tower. It is mainly built out of aluminium, glass and steel. A distinctive glass rotunda and four-storey high portico is located at the entrance of the building. The rotunda motif is expressed on the roof, capped by radial sunshading louvres. This strong feature that distincts the building from other skyscrapers in Raffles Place.[10]

Tenants

Major tenants of Chevron House includes Planet Fitness. Planet Fitness occupies 17,000 square feet (1,600 m2) of space in the building. It is primarily used as a gym, and has a mezzanine interior with large windows.[11]

  • Caltex House street view
    Caltex House street view
  • Chevron House atrium
    Chevron House atrium
  • Chevron House (bottom left)
    Chevron House (bottom left)

See also

References
  1. "Emporis building ID 106421". Emporis. Archived from the original on March 6, 2016.
  2. "Chevron House". SkyscraperPage.
  3. Chevron House at Structurae
  4. "Asia Travel : Map of Chevron House (S) 048622". StreetDirectory. Retrieved 2008-02-17.
  5. "30 Raffles Place is a place in Singapore on the Map of Singapore". SGPageNation. Retrieved 2008-02-17.
  6. "Structurae [en]: Caltex House". Nicolas Janberg. Retrieved 2008-02-17.
  7. "Caltex Corp. - Caltex House, Singapore". ECNext Inc. Retrieved 2008-02-17.
  8. "Goldman fund buying Chevron House". WordPress. Retrieved 2008-02-18.
  9. "Chevron House Sold For Record $2,780 Per Sq Ft". Blogspot. Retrieved 2008-02-18.
  10. "Caltex House and Hitachi Tower". Urban Redevelopment Authority. Archived from the original on 2008-02-19. Retrieved 2008-02-18.
  11. "Facilities : Caltex House". Planet Fitness. Archived from the original on 2008-02-29. Retrieved 2008-02-17.
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