30 Sep '13, 5am

Japan's luxury fruit masters grow money on trees

Japan's luxury fruit masters grow money on trees

TOKYO - With melons that sell for the price of a new car and grapes that go for more than US$100 (S$125) a pop, Japan is a country where perfectly-formed fruit can fetch a fortune. An industry of fruit boutiques has defied Japan's sluggish economy to consistently offer luscious and lavishly tended produce for hefty prices - and it is always in demand. In July, a single bunch of "Ruby Roman" grapes reportedly sold for 400,000 yen (S$5,100), making the plump, crimson berries worth a staggering 11,000 yen each. Every May, a pair of canteloupe melons grown in the north of Hokkaido is auctioned off. They regularly fetch the price of a modest new car. The hammer fell on this year's pair at a cool 1.6 million yen. While such cases are at the extreme end, top-notch fruit is a valuable commodity in the world of business and as a seasonal gift, signifying just how much importance th...

Full article: http://www.soshiok.com/content/japans-luxury-fruit-master...

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$5100 for a bunch of grapes. WOW.

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TOKYO - With melons that sell for the price of a new car and grapes that go for more than US$100 (S$125) a pop, Japan is a...

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