LINCOLN at IPI CENTER CONDO IN LAHUG, CEBU CITY
- 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 fire alarm, fire 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 AUGUST 22,2023
UNIT DETAILS: STUDIO UNIT
- 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
UNIT DETAILS: 1-BEDROOM
- 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
UNIT DETAILS: 2-BEDROOMS
- 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
UNIT DETAILS: 3-BEDROOMS
- 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
