A fourth home auction date set for 54 University Avenue in Yangon

Five days since the 7.7 magnitude earthquake hit the country on March 28, the regime in Naypyidaw has not released any information regarding Myanmar’s most famous political prisoner, State Counsellor Aung San Suu Kyi, who has been held in Naypyidaw since the Feb. 1, 2021 military coup. 

Just two days prior to the earthquake, the Kamayut District Court in Yangon ordered a fourth auction date for her family home at 54 University Avenue set for April 29. The updated auction price was lowered to 270 billion MMK ($60.6 million USD). 

The court order came one week after Aung San Suu Kyi’s brother Aung San Oo proposed reducing the auction price to 275 billion MMK ($61.7 million USD). A source close to the court told DVB on the condition of anonymity that Aung San Suu Kyi is not allowed to communicate with her legal team.