Court slashes reserve price of Daw Aung San Suu Kyi’s former home to 270 billion kyat

On March 25, the Kamayut District Court lowered the reserve price for the auction of Compound No. (54) on University Avenue in Yangon, where Daw Aung San Suu Kyi once lived, from 297 billion kyat to 270 billion kyat, according to sources close to the court.

The third auction of Compound No. (54) was held on February 5, 2025, with a reserve price of 297 billion kyat, but no bidders participated.

Following this, U Aung San Oo, Daw Aung San Suu Kyi’s brother, petitioned the court to reduce the reserve price from 297 billion kyat to 270 billion kyat. The court accepted his request and adjusted the price accordingly.