Selected images and diagrams are reproduced from the materials supplied for this listing.
Proud City Honancho is a fourteen-storey reinforced concrete development of 371 residences at Horinouchi 1-chome in Suginami Ward, completed in July 2024 and managed by Nomura Real Estate Partners with a daytime caretaker.
This second-floor residence is a 2LDK of 55.60 sq m on the wall-centre measurement, with a balcony of 10.80 sq m. The floor plan supplied for the listing marks it as a corner residence, south-facing, with balconies on two sides, and records a living dining kitchen of approximately 13.5 mats and western-style rooms of approximately 6.0 and 4.6 mats. The specification includes a counter kitchen with a two-ring hob, a reheating bath, fitted wardrobes, an indoor washing machine space, an auto-locked entrance and lifts.
The residence is occupied by its owner, so viewing is arranged by appointment. Monthly outgoings are a management fee of JPY 12,840 and a repair reserve contribution of JPY 8,400.
| Property Type | Residential Condominium |
|---|---|
| Asking Price | JPY 114,800,000 |
| Address | Horinouchi 1-chome, Suginami-ku, Tokyo |
| Nearest Station | Honancho Station (Tokyo Metro Marunouchi Line, Honancho branch) |
| Walking Distance | Approx. 5 min |
| Layout | 2LDK |
| Building Area | 55.60 sq m (wall-centre) |
| Balcony Area | 10.80 sq m |
| Floor | 2nd Floor |
| Building Height | 14 Storeys |
| Orientation | Corner residence, marked south-facing on the supplied floor plan |
| Building Structure | Reinforced Concrete |
| Year Built | July 2024 |
| Number of Units | 371 Units |
| Zoning | Quasi-Industrial District |
| Tenure | Freehold Ownership |
| Management Fee | JPY 12,840 / month |
| Reserve Fund | JPY 8,400 / month |
| Occupancy | Owner-occupied |
| Handover | By consultation |
| Management | Fully outsourced, daytime caretaker (Nomura Real Estate Partners) |
The address is recorded to the chome in the listing material, so no lot number is stated here. Floor area is the wall-centre figure and remains subject to verification against the register. The source records do not state the constructor, the building confirmation number, the parking arrangements or the pet rules.
Monthly charges are the management fee of JPY 12,840 and the repair reserve contribution of JPY 8,400 as stated in the listing material.
The building was completed in 2024, so the repair reserve is at the starting level normal for a new Japanese building and is scheduled to rise on the long-term repair plan.
The listing record leaves the principal aspect blank; south-facing is the marking on the floor plan supplied for the listing and is confirmed on enquiry.
The development stands at Horinouchi 1-chome in Suginami Ward, in the residential streets between Honancho and the Zenpukuji River. The listing material records Honancho Station on the Tokyo Metro Marunouchi Line branch at approximately five minutes on foot.
The branch line joins the main Marunouchi Line at Nakano-sakaue, which puts Shinjuku, Yotsuya, Ginza and Tokyo Station on a single line. Journey times vary with the service and any changes, so none are stated here.
Honancho is a quiet, low-built residential district of small shops, supermarkets and a shopping street by the station — the kind of area families move to for the schools and the space rather than for the nightlife, with the Kanda and Zenpukuji Rivers and their walking paths a few streets away.
The map indicates the location of PROUD CITY HONANCHO. Walking times above are as stated in the listing material.
Open in Google MapsRents, land prices and transaction prices in Tokyo have all been moving upward, and Suginami Ward has risen with them.
In the Reiwa 8 (2026) Official Land Price Survey, residential land in Suginami Ward rose 8.2% on the previous year, and the all-use average for the ward rose 10.8%.
In the At Home – Sumitomo Mitsui Trust Research Institute Mansion Rent Index for Q1 2026, the compact-type index for Tokyo's 23 wards — units of 30 to under 60 sq m, the band this 55.60 sq m residence falls into — rose approximately 5.6% year on year. The Ministry of Land, Infrastructure, Transport and Tourism's Real Estate Price Index puts condominium prices in Tokyo at 234.8 for December 2025 against a 2010 average of 100 — a rise of approximately 9.6% on the same month a year earlier.
These figures describe Suginami Ward, Tokyo's 23 wards and Tokyo as a whole, not this individual residence. The land figure is an average across all official reference points in the ward and is not an appraisal of this address; the rent index covers quality-adjusted contracted rents for condominium-type buildings across the 23 wards, not this address; the price index is a statistical series for Tokyo. None of them guarantees future rent, value or performance.
Sources:
A two-year-old Nomura-managed development, a corner residence with balconies on two sides, at JPY 114.8 million. For a 55.60 sq m 2LDK inside the 23 wards with a five-minute walk to the station, that is a straightforward number rather than a clever one, and straightforward is the point.
The line is what makes Honancho work. The branch joins the main Marunouchi Line at Nakano-sakaue, so Shinjuku, Yotsuya, Ginza and Tokyo Station all sit on one line with no change. Around the station the district stays low and residential, and Suginami residential land rose 8.2% this year.
Two practical notes. The monthly charges total JPY 21,240, which is low for a building of 371 residences and reflects its age — the reserve will step up on the long-term repair plan, and that plan is worth asking for. And the residence is owner-occupied, so viewing is by appointment rather than on demand. The principal aspect is left blank in the listing record; south-facing is the marking on the supplied floor plan and can be confirmed on enquiry.
This property is introduced through a Japanese real estate partner. Availability, price and property details remain subject to confirmation at the time of enquiry.
