王思聪的上海豪宅，从1.2亿降到6000万，还是无人问津！

Core Viewpoint - Wang Sicong, the only son of Wanda Group founder Wang Jianlin, is attempting to sell his luxury property in Shanghai at a significantly reduced price, indicating potential financial pressures and a shift in his asset allocation to Japan [1][5][9]. Group 1: Property Details - The luxury property located in Kaide Maoming Mansion was purchased by Wang Sicong in 2015 for 63 million yuan and has a total area of 406 square meters, featuring a 6-meter high foyer, five bathrooms, a large dressing room, and a 60-square-meter private garden [3]. - After the initial purchase, Wang Sicong invested over 22 million yuan in renovations, bringing his total expenditure on the property to approximately 85 million yuan [3]. - The property was initially listed for 120 million yuan, but after several price reductions, it is now listed at 60 million yuan, which is a 50% decrease from the original price and 25 million yuan less than his total investment [5]. Group 2: Financial Context - Wang Sicong's urgency to sell the property may reflect financial difficulties, similar to his father's situation, as Wanda Group has sold 109 Wanda Plazas in the past three years to address substantial debts [7]. - Recent reports indicate that Wanda Group has faced additional stock freezes totaling over 9.4 billion yuan, further highlighting the financial strain [7]. Group 3: Lifestyle Changes - Wang Sicong's move to sell the Shanghai property may be related to his relocation to Tokyo, where he has reportedly registered luxury vehicles and purchased a high-end apartment valued at 15 million yen [11]. - His lifestyle shift suggests a strategic change in asset allocation from Shanghai to Tokyo, potentially influenced by pressures from his entertainment investments [11][9]. Group 4: Market Conditions - The repeated price reductions of Wang Sicong's property may also be attributed to its age and layout, which are less competitive compared to newer developments in the area, such as Shanghai No. 1 Courtyard [13]. - The need for further renovations could require additional investments of over 10 million yuan, complicating the sale process [13].