China’s ‘Red Princess’ Bao Bao Wan to Sell $13 Million Penthouse After Staying Just Two Nights

China’s fashionista ‘Red Princess’ Bao Bao Wan is now selling a recently purchased, two-story, three-bedroom penthouse in Sydney, Australia after reportedly spending only two nights inside it.

Bought in December last year for a cool $10.5 million, the luxurious home in The Residence has now been listed on the market with a $13 million price tag, Domain reported (via Daily Mail).

The millionaire jewelry designer was at least able to take some selfies on the penthouse roof, with a snap of herself on a golden inflatable swan uploaded on her Instagram account.

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A year and a half later, the property is now listed for sale through Anthony Birdsall of Laing Real Estate. A number of high-profile Chinese buyers have reportedly expressed interest in the luxury property.

Wan, who was born and raised in Zhongnanhai, China’s exclusive compound designated for high-ranking Chinese officials and their families, went to New York to pursue her studies and later on, her jewelry business.

Coming from a wealthy and politically influential family, Bao Bao Wan is among China’s “rich second-generation” dubbed as fuerdai, a term for used to attribute young, usually Western-educated kids who purposely flaunt their fancy lifestyle, flashy cars, jewelry, other wealth on social media.

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While Wan has claimed ownership of the penthouse, her representative on the deal once claimed that it was already purchased by a certain Jun Yang.

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