30 Raffles Place, formerly called Chevron House and Caltex House, is a high-rise

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...

located in the

central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. It is located on 30 Raffles Place, in the financial district of

Raffles Place Raffles Place is the centre of the Financial District of Singapore and is located south of the River, mouth of the Singapore River. It was first planned and developed in the 1820s as Commercial Square to serve as the hub of the commercial zone o ...

. The building is near several buildings and landmarks, such as

Singapore Land Tower Singapore Land Tower is a 48-storey skyscraper located in the central business district of Singapore. The tower is located at 50 Raffles Place, adjacent to Raffles Place MRT station. It is just 100 metres away from Boat Quay and Collyer Quay. ...

, 16 Collyer Quay, CIMB Plaza and The Arcade, all of which are less than away. The development has direct underground access to

Raffles Place MRT station Raffles Place MRT station is an underground Mass Rapid Transit (MRT) interchange station on the North South Line (NSL) and East West Line (EWL) in Singapore. Located in the Downtown Core, the station is underneath Raffles Place, the centre of ...

. 16 Collyer Quay, a nearby neighbour of 30 Raffles Place, shares a four-level retail podium with the building. 30 Raffles Place has a total of 33 floors, excluding 3

basement A basement or cellar is one or more floors of a building that are completely or partly below the ground floor. It generally is used as a utility space for a building, where such items as the furnace, water heater, breaker panel or fuse box, ...

levels, and it rises above ground. The international headquarters of

Caltex Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. It is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously ...

is situated in the building.

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 CapitaLand is a Singaporean headquartered company focusing on investment, development and management of real estate. It is one of Asia's largest real estate companies and the owner and manager of a global portfolio comprising integrated develo ...

, 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 Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

-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 An office is a space where an Organization, organization's employees perform Business administration, administrative Work (human activity), work in order to support and realize objects and Goals, plans, action theory, goals of the organizati ...

property in Singapore. It will allow CapitaLand to have a profit of about $150.8 million from the sale of its stake. 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. A few months later, its neighbour 16 Collyer Quay was also bought by Goldman Sachs.

Architecture

30 Raffles Place models the late-

modernist Modernism is both a philosophical and arts movement that arose from broad transformations in Western society during the late 19th and early 20th centuries. The movement reflected a desire for the creation of new forms of art, philosophy, an ...

architectural style, and is similar to that of

Springleaf Tower Springleaf Tower () is a 37- storey, office and residential skyscraper located in the central business district of Singapore located on 3 Anson Road and near Prince Edward Road, The development is in the zone of Shenton Way and Tanjong Pagar n ...

and

Hitachi Tower 16 Collyer Quay, formerly Hitachi Tower, is a 37- storey, , skyscraper in the central business district of Singapore. It is located on 16 Collyer Quay, in the zone of Raffles Place, near Chevron House, Change Alley, Tung Centre, and The Arcade ...

. It is mainly built out of

aluminium Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. I ...

glass Glass is a non-crystalline, often transparent, amorphous solid that has widespread practical, technological, and decorative use in, for example, window panes, tableware, and optics. Glass is most often formed by rapid cooling (quenching) of ...

and

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

. 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.

Tenants

Major tenants of Chevron House includes Planet Fitness. Planet Fitness occupies of space in the building. It is primarily used as a gym, and has a

mezzanine A mezzanine (; or in Italian language, Italian, a ''mezzanino'') is an intermediate floor in a building which is partly open to the double-height ceilinged floor below, or which does not extend over the whole floorspace of the building, a loft ...

interior with large windows.

References

External links