Condominium in Suginami, Tokyo

¥114.8M

≈ US$725,000

Information updated 11 Oct 2026Next update by 18 Oct 2026

1-8-3 Horinochi, Suginami, Tokyo

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丸ノ内方南 / Honancho5 min walk

Chat with management

Good pointsFreehold (land included)5 min to stationNew earthquake standardAuto-lock entranceDelivery lockers

Property Overview

Terms explained

Property Type: Condominium
Year Built: Jul 2024 (2 yrs old)
Earthquake standard (from built year): New standard (June 1981 or later)Guide
Structure: Reinforced Concrete (RC)
Floors: 14 floors
Building Area: 55.60㎡ (598 sq ft)
Zoning: Quasi-Industrial
Land rights: Freehold (land included)
Current Status: Owner Occupied
Price per m²: ¥2,064,748/m²
Management fee (monthly): ¥12,840Guide
Repair reserve (monthly): ¥8,400

Price per m² compared

This property¥2,064,748/m²
Average of 3 listings in Suginami¥1,089,076/m²

Reference figure from the asking prices of 3 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

Down payment20% (JPY 22,960,000)

Interest rate (annual)1.00%

Loan term35 years

Monthly payment

¥259,251

Management and repair fees: ¥21,240
Total monthly outgoings: ¥280,491

Down payment: JPY 22,960,000
Loan amount: JPY 91,840,000
Total interest: JPY 17,050,000

Level-payment estimate; the repayment excludes fees, taxes and management costs (management fees and rent from the listing are shown separately). Cash flow ignores property tax, letting fees and vacancies. Lenders decide eligibility and rates. Foreign nationals can often borrow if they hold Japanese residence status or buy through a Japanese company.

Initial cost simulator

Payment

Down payment20% (JPY 22,960,000)

Loan amount (paid by the lender)JPY 91,840,000

Cash you need (estimate)

JPY 30,700,000 – JPY 32,280,000

about US$194k–204k

Down payment: JPY 22,960,000
Brokerage fee (maximum, incl. tax): JPY 3,850,000
Stamp duty on the contract: JPY 60,000
Loan administration fee (2.2% of the loan): JPY 2,020,000
Registration tax (ownership): JPY 570,000 – JPY 920,000
Registration tax (mortgage): JPY 90,000 – JPY 370,000
Judicial scrivener fee: JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover): JPY 570,000 – JPY 1,150,000
Pro-rata property tax and fees: JPY 230,000 – JPY 340,000
Fire and earthquake insurance: JPY 170,000 – JPY 340,000
Stamp duty on the loan contract: JPY 60,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.): JPY 7,730,000≈ US$48,800
At settlement (the rest of your cash): JPY 22,970,000 – JPY 24,550,000

Brokerage is the legal maximum; stamp duty on the sale and loan contracts follows the National Tax Agency tables (reduced sale-contract rates until 31 March 2027). Registration and acquisition taxes, settlements and insurance depend on assessed values and the property, so they are ranges based on typical shares of the price (the loan for the mortgage registration), about 2–3% of the price in total. Lenders charge loan costs in different ways, such as a guarantee fee. See the buying guide for mortgages for foreign nationals.

Costs and mortgages explained →

Buying from overseas?How the money moves (transfer, settlement, registration), with a checklist from contract to handover.

Location map

Open in Google Maps

The map shows the published address. Confirm the exact building position on site or in the documents.

Check natural hazard risk

Before buying, check flood, landslide, storm-surge and tsunami risk at the property, and the area's earthquake risk rank, on official maps.

Hazard Map Portal (GSI, Japanese government)Opens centred on this property Earthquake risk by area (Tokyo Metropolitan Government)Building-collapse and fire risk ranks by district

Official sites open in a new tab (Japanese). The formal disclosure before the contract also shows the property on the flood hazard map.

How to read these maps (guide)

Property Overview

Proud City Honancho: 55.60 m² measured to the wall centre, 2LDK. The source drawing identifies this as a 2nd-floor unit. A 5-minute walk to Honancho Station on the Tokyo Metro Marunouchi Line. Built July 2024; RC, 14 above-ground floors, 371 units, freehold. Currently occupied; handover by agreement. Monthly management JPY 12,840 plus repair reserve JPY 8,400, totaling JPY 21,240. Approximately 13.5-jo LDK, 6.0-jo and 4.6-jo bedrooms and 10.8 m² balcony; storage in each bedroom. Counter kitchen, auto-lock, delivery box and 24-hour refuse disposal. A large residential development originally sold by Nomura Real Estate.

371 units in totalAuto-lock entranceElevator