Japan has world's most expensive one-bedroom apartment

		Wednesday, Jul 11, 2012 AsiaOne
Is this the world's most expensive one-bedroom apartment? $27.6 million for this luxurious one-bedroom condominium Click on thumbnail to view Sotheby's Japan has listed what could be the world's most expensive one-bedroom condominium at 1.8 billion yen (S$27.6 million). The apartment at "The House Minami Azabu" is located in one of Japan's most prestigious districts known as Minamiazabu, in Minato-ku, Tokyo. The estate, popular with Japanese tycoons and celebrities, is well known for housing apartments which have fetched prices of up to 1.27 billion yen in the past.Recent listings show that a 412 sq m penthouse on the 10th floor of the apartment building is going on sale for a cool 1.8 billion yen. According to the Land Institute of Japan, a condominium unit of the same size could fetch an average price of US $1.982 milion. The entire apartment has reportedly been furnished with rare and imported art pieces and furniture from around the world. It is also boasts traditionally-inspired interiors fused with modern characteristics like an open-concept dining and kitchen area designed to resemble a traditional Japanese dining room. A jacuzzi bath, outdoor courtyard garden, walk-in wardrobe and extravagant storage space hidden behind long hallways are just some of the main features of the luxurious apartment. [e-mail]