MyanmarNews

Bid to sell Suu Kyi’s Myanmar mansion flops for third time

It was the military regime’s third failed attempt to sell the detained leader’s increasingly dilapidated house since last year

Myanmar’s junta failed in an attempt to auction Aung San Suu Kyi’s lakeside mansion on Wednesday, with no bids submitted for the former democracy leader’s home—the third time the sale has flopped.

The two-storey Yangon house, on about 0.8 hectares (1.9 acres) of land, was put up for sale with a minimum price of US$140 million following a lengthy legal wrangle over the property between the Nobel laureate and her brother.

Suu Kyi, who spent years under house arrest at the mansion under a former junta, has been detained since the military seized power once again in February 2021.

Around a dozen journalists, watched over by security personnel in plain clothes, attended the curbside sale run by junta-appointed officials outside the colonial-era house on leafy University Avenue, a few doors from the US embassy.

After calling for bids starting from. . .

Subscribe for full access

Hear crucial voices from Myanmar during this time of crisis and get access to our independent coverage.

Subscribe now

Related Articles

Back to top button