Household appliance auctions: Electrician’s home sells for $8.4M in China
The family appliance auction at the Chinese auction house Sotheby’s is selling for $9.5 million.
The listing on Wednesday of the electrician’s house in a shopping center in the city of Qingdao was the second auction of the home.
The auction also included a home that the family said had been sold to them for $1.4 million.
“This house is one of a number of houses that were sold by the family in the previous auction in December,” the Sothebys said in a statement.
“It was sold by them for a very substantial sum.
The family is currently in China to seek treatment for various health issues.
The sale price for the house is not known at this time.
It is believed to be one of the homes that the Chinese government considers most valuable.”
The house was built in 1927, according to the Sontobers.
The house, which was originally listed at $4.8 million, has since been listed at around $6.5, the Sommers said.
“I think they are still working out the details of how they will donate it to the local government.
But, as you might imagine, it is not a very easy task.”