Luxury Tokyo penthouse sold for over $65 million in booming market
Representative Image A Tokyo penthouse developed by Swedish buyout firm EQT AB has sold for about ¥9.5 billion ($67 million), shedding light on the cost of buying into the city’s booming high-end property market. The four-bedroom apartment at Marq Omotesando One, a luxury low-rise development near the bustling shopping district of Harajuku, went for more than ¥50 million per tsubo, the highest on record in Japan by that measure, EQT said in a statement. A tsubo is a Japanese unit of measurement that equates to 3.3 square meters, amounting to a sale price of about ¥9.5 billion for the 625-plus…