The house is on the market for $7.9 million.
But this is not a new story.
In 2011, the property was bought by a wealthy Chinese family who, with the help of the Chinese government, were able to acquire it from the government.
The property has since been sold to a developer who plans to develop it into a multi-million dollar condominium, and it has been rented out to residents in a rental community.
It is currently being used for a film and music festival, and has also been rented to other Chinese families.
This year, the city of Shanghai launched an online marketplace for buyers looking to buy their dream home.
One of the best deals was for the former property, which has a pool and spa, a swimming pool, and a private backyard garden.
But when the developers wanted to renovate the property, the owners were forced to sell it.
It is unclear whether the buyers would have been able to keep the property.
In a statement to ABC News, the Shanghai Municipal Government said: “The building has been vacant since 2012 and we are currently evaluating the feasibility of redeveloping it.”
If you want to buy this house, you will need to make a decision on the merits of the deal before you purchase.
Read more at ABC News.