LINCOLN at IPI Center Condominium in Lahug Cebu City

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LINCOLN at IPI Center

  • Location: Golam Drive, Pope John Paul II Ave., Kasambagan, Cebu City

IPI Center’s residential tower, Lincoln, takes inspiration from its namesake at the Proscenium at Rockwell in Makati City. It is set to stand 50-storeys tall amid 75% of open space, with an exclusive drop-off that ensures privacy and exclusivity.

The property is a centrally-located 2.8-hectare mixed-used community with signature Rockwell offerings like residential, office, and retail components, and will have dedicated open spaces.

Rockwell and IPI’s Partnership 

For its third property in Cebu, the developer has partnered with International Pharmaceuticals, Inc. (IPI). This joint venture envisions to bring another lifestyle concept through a new mixed-use neighborhood at the heart of Cebu.

Target Turnover: March 2029

BUILDING FEATURES:

  • Seven high-speed elevators; 6 Passenger and 1 Service
  • Automatic fifire alarm, fifire detection and sprinkler system
  • 100% back-up power on all common areas and residential units
  • Security system with electronic access control
  • Closed-circuit TV (CCTV) monitoring
  • Basement parking equipped with ventilation system
  • Fiber-to-the-home (FTTH) provision
  • Exclusive Drop-off
  • Pre-assigned Parking Spaces

QUICK FACTS:

  • 50-Storey Residential Tower (Lincoln Tower)
  • 36-Storey Office (Tower 1)
  • 18-Storey Office (Tower 2)
  • Location: At former IPI facility along Pope John Paul II Avenue
  • Car park: (Ground, Basement 1 and Basement 2)

Perspective Lincoln (Click the thumbnail to enlarge)

UPDATED AS OF SEPTEMBER 15,2023

 STUDIO UNIT

UNIT DETAILS:

  • Unit Number: LINC-9E
  • Orientation: North-East
  • Floor Area: 33 sq.m / 355 sq. ft
  • No Parking Slot

TOTAL CONTRACT PRICE PHP 9,586,995.00

Original Payment Term Proposed

  • Reservation Fee: PHP 100,000.00 To hold the Unit
  • 10% Down Payment: 858,700.00 First monthly within 15 days from RF

OPTION 1 (Straight Amortization):

  • 30% Monthly Amortization for 66 months 43,577.00 First monthly within 15 days from Down payment

OPTION 2 (Amortization with Lumpsum every 12 months):

  • 15% Monthly Amortization for 66 months 21,789.00 First Monthly within 15 days from DP
  • 15% Lumpsum on Month 12, 24, 36, 48, 60 287,610 every 12 months

60% Remaining Balance thru cash or Bank Financing

  • Loanable Amount: 5,752,197.00 on March 2029

 Please click for the floor unit layout and the sample computation

LINC-9E ST

1-BEDROOM

UNIT DETAILS:

  • Unit Number: LINC-5D
  • Orientation: North-East
  • Floor Area: 63 sq.m / 678 sq. ft
  • No Parking Slot

TOTAL CONTRACT PRICE: 19,297,956 .00

Original Payment Term Proposed

  • Reservation Fee: PHP 100,000.00 To hold the Unit
  • 10% Down Payment: 1,829,796.00 First monthly within 15 days from RF

 OPTION 1 (Straight Amortization):

  • 30% Monthly Amortization for 66 months 43,577.00 First monthly within 15 days from Down payment 

OPTION 2 (Amortization with Lumpsum every 12 months):

  • 15% Monthly Amortization for 66 months 43,859.00 First Monthly within 15 days from DP
  • 15% Lumpsum on Month 12, 24, 36, 48, 60 287,610 every 12 months 

60% Remaining Balance thru cash or Bank Financing

  • Loanable Amount: 11,578,774.00 on March 2029

Please click for the floor unit layout and the sample computation

LINC-5D 1BR LINC-35J-1BR-South-West-CBP-View

 2-BEDROOMS

UNIT DETAILS:

  • Unit Number: LINC-12A
  • Orientation: North-West
  • Floor Area: 104 sq.m /1,119 sq. Ft
  • No Parking Slot

TOTAL CONTRACT PRICE: 30,616,614.00

Original Payment Term Proposed

  • Reservation Fee: PHP 100,000.00 To hold the Unit
  • 10% Down Payment: 2,961,661.00 First monthly within 15 days from RF

OPTION 1 (Straight Amortization):

  • 30% Monthly Amortization for 66 months 139,166.00 First monthly within 15 days from Down payment

OPTION 2 (Amortization with Lumpsum every 12 months):

  • 15% Monthly Amortization for 66 months 69,583.00 First Monthly within 15 days from DP
  • 15% Lumpsum on Month 12, 24, 36, 48, 60 287,610 every 12 months

60% Remaining Balance thru cash or Bank Financing

  • Loanable Amount: 18,369,969.00 on March 2029

Please click for the floor unit layout and the sample computation

LINC-12A 2BR

3-BEDROOMS

UNIT DETAILS:

  • Unit Number: LINC-12G
  • Orientation: South-East
  • Floor Area: 154 sq.m /1,658 sq. ft
  • 2- Parking Slots

TOTAL CONTRACT PRICE: 47,133,658.00 

Original Payment Term Proposed

  • Reservation Fee: PHP 100,000.00 To hold the Unit
  • 10% Down Payment: 4,613,366.00 First monthly within 15 days from RF

OPTION 1 (Straight Amortization):

  • 30% Monthly Amortization for 66 months 214,244.00 First monthly within 15 days from Down payment

OPTION 2 (Amortization with Lumpsum every 12 months):

  • 15% Monthly Amortization for 66 months 107,122.00 First Monthly within 15 days from DP
  • 15% Lumpsum on Month 12, 24, 36, 48, 60 287,610 every 12 months

60% Remaining Balance thru cash or Bank Financing

  • Loanable Amount: 28,280,195.00 on March 2029

Please click for the floor unit layout and the sample computation

LINC-12G 3BR

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 Jean P. Amancia

Real Estate Salesperson

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 Our team of Amancialand Realty….

 We can help you process your housing loan, MECO/VECO & WATER Connections..

View all my Listings of House and Lot  for sale in Cebu City, CEBU SOUTH PROJECTS  Talisay City, Minglanilla, Naga Cebu, San Fernando, Carcar City and Toledo City, Argao, CEBU NORTH PROJECTS Mandaue City, Consolacion, Liloan, Compostela, and Lapu-lapu City.

 Figures above are for illustration purposes only. Actual monthly installment and effective interest rate shall be indicated in your loan documents..