In Japan's only bankrupt city, the world's most expensive fruit spreads seeds of hope

Dec 03, 2023 | News On Japan

Dec 03, 2023 (The Star) - Yubari is a city only in name, with few of the modern amenities associated with urban living: There are no train services, no shopping malls, and just a few clinics in an area the size of Singapore.

It is Japan’s only bankrupt municipality among the country’s 1,741 precincts, having declared insolvency in 2007 after raking up more than 35 billion yen (S$315 million) in debt.

But it also lends its name to what is arguably the world’s most expensive fruit.

The fragrantly sweet Yubari King, more commonly referred to as the Yubari melon, fetches eye-watering sums at the season’s first auction every May.

On May 25, 2023, a pair of melons sold for 3.5 million yen – the second-highest bid on record. The 5 million yen fetched in May 2019 – about S$63,000 at the time – still stands unmatched. ...continue reading

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