SIA Building

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SIA Building
SIA Building
Information
Location Shenton Way, Downtown Core, Singapore
Status Occupied
Use Commercial
Height
Roof 176m, 576ft
Technical details
Floor count 40
Companies
Architect Obayashi Gumi Corporation, SAA Partnership
Owner TSO Investment
Management TSO Investment

The SIA Building is a high-rise skyscraper located in the central business district of Singapore. The building is located on 77 Robinson Road, just next to DBS Building Tower One and Two.[1] The SIA Building is the flagship building for Singapore Airlines.[2]

The building has a net floor area of around 295,000 square feet (27,400 square metres). It has a total of 180 car park lots.[3]

Contents

[edit] History

SIA Building was designed by Obayashi Gumi Corporation, and SAA Partnership, and structural engineering of the development was done by T. Y. Lin International[4]. Construction of the building was completed in 1998. Other firms involved in the development included Singapore Airlines, PCR Engineers Private Limited, PCR Engineers Private Limited, Rider Hunt Levett & Bailey, Levett & Bailey Chart, and Quantity Surveyors Ltd.[5]

[edit] Architecture

The SIA Building was one of the first high-rises in Singapore with its exterior made out of glass. As the flagship building for Singapore Airlines, it bears the Singapore Airlines' logo. The roof of the building also incorporates a tail fin design, similar to that of an airplane.[6]

[edit] Selling of building

In 2006[7], Singapore Airlines sold the SIA Building to TSO Investment, which is a unit of a real estate fund managed by CLSA Capital Partners. It comes at a price of S$343.9 million, which amounts to some $1,165 dollars per square foot. According to the company, the sale was "in line with the non-core business strategy". It was valued at $118.8 million then. SIA subsequently used proceeds from the sale for investment and growing the company and its subsidiaries.[8]

[edit] See also

[edit] References

  1. ^ Asia Travel : Map of SIA Building (S) 068896. StreetDirectory.com. Retrieved on 2008-02-05.
  2. ^ SIA Building, Singapore. Emporis. Retrieved on 2008-02-05.
  3. ^ Singapore: SIA Dispose of Its Namesake SIA Building. FMAccounting. Retrieved on 2008-02-05.
  4. ^ Structurae [en: SIA Building (1998)]. Nicolas Janberg. Retrieved on 2008-02-05.
  5. ^ SIA Building, Singapore. Emporis. Retrieved on 2008-02-05.
  6. ^ SIA Building - SkyscraperPage.com. SkyscraperPage. Retrieved on 2008-02-05.
  7. ^ SIA sells its Robinson Rd building for $344m. SGHousing.com. Retrieved on 2008-02-05.
  8. ^ Singapore: SIA Dispose of Its Namesake SIA Building. FMAccounting. Retrieved on 2008-02-05.

[edit] External links

Coordinates: 1°27′75″58, N°103′84″83