Chevron House
{{Short description|Office skyscraper in Singapore}}
{{Use Singapore English|date=April 2025}}
{{Use dmy dates|date=April 2025}}
{{Infobox building
|name = 30 Raffles Place
|image = Caltex House, Jan 06.JPG
|image_size = 200px
|former_names = Chevron House
|location = 30 Raffles Place, Singapore 048622
|building_type = Mixed Development
|architectural_style= Modernism
|roof = {{convert|151|m|abbr=on}}
|floor_count = 33
3 below ground
|status = Complete
|architect = Murphy/Jahn, Inc. Architects, Architects 61
|developer =
|management =
|owner = The Management Strata Title No. 4735
|main_contractor =
|coordinates = {{coord|1.2843|103.851955|region:SG|display=inline,title}}
| references = {{Cite web |url=https://www.emporis.com/buildings/106421 |archive-url=https://web.archive.org/web/20160306081622/https://www.emporis.com/buildings/106421 |url-status=usurped |archive-date=March 6, 2016 |title=Emporis building ID 106421 |work=Emporis}}{{SkyscraperPage|24243}}{{Structurae|20011905}}
}}
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{{cite web | title = Asia Travel : Map of Chevron House (S) 048622 | work= StreetDirectory | url = http://www.streetdirectory.com/asia_travel/travel/travel_id_1138/travel_site_158/ | accessdate = 2008-02-17 }} and The Arcade, all of which are less than {{convert|100|m|yd}} away.{{cite web | title = 30 Raffles Place is a place in Singapore on the Map of Singapore| work= SGPageNation | url = http://sg.pagenation.com/sin/Caltex%20House_103.8523_1.284.map | accessdate = 2008-02-17 }} The development has direct underground access to Raffles Place MRT station. 16 Collyer Quay, a nearby neighbors 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 levels,{{cite web | title = Structurae [en]: Caltex House | publisher = Nicolas Janberg | url = http://en.structurae.de/structures/data/index.cfm?id=s0011905 | accessdate = 2008-02-17 }} and it rises {{convert|152.0|m|ft}} above ground.
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.{{cite web | title = Goldman fund buying Chevron House | date = 7 September 2007 | publisher = WordPress | url = http://sgpropertypress.wordpress.com/2007/09/07/goldman-fund-buying-chevron-house/ | accessdate = 2008-02-18 }} It will allow CapitaLand to have a profit of about $150.8 million from the sale of its stake.{{cite web | title = Chevron House Sold For Record $2,780 Per Sq Ft | date = 31 August 2007 | publisher = Blogspot | url = http://propertyhighlights.blogspot.com/2007/08/chevron-house-sold-for-record-2780-per.html | accessdate = 2008-02-18 }}
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 neighbors 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 louvres that provide shade. This strong feature that distincts the building from other skyscrapers in Raffles Place.{{cite web | title = Caltex House and Hitachi Tower | publisher = Urban Redevelopment Authority | url = http://www.ura.gov.sg/spore1_1/publication1-9.htm | accessdate = 2008-02-18 | archive-url = https://web.archive.org/web/20080219114021/http://www.ura.gov.sg/spore1_1/publication1-9.htm | archive-date = 2008-02-19 | url-status = dead }}
Tenants
Major tenants of Chevron House includes Planet Fitness. Planet Fitness occupies {{convert|17000|sqft|m2}} of space in the building. It is primarily used as a gym, and has a mezzanine interior with large windows.{{cite web | title = Facilities : Caltex House | publisher = Planet Fitness | url = http://www.planetfitness.com.sg/facilities_CLX.html | accessdate = 2008-02-17 | url-status = dead | archiveurl = https://web.archive.org/web/20080229131906/http://www.planetfitness.com.sg/facilities_CLX.html | archivedate = 2008-02-29 }}
{{Gallery
|File:Caltex House, Dec 05.JPG|Caltex House street view
|File:Caltex House.JPG|Chevron House atrium
|File:Raffles Place Skyscrapers 3.JPG|Chevron House (bottom left)
}}
See also
References
{{reflist|2}}