The Kamayut District Court has agreed to a proposal submitted by Aung San Oo – the estranged brother of jailed State Counsellor Aung San Suu Kyi – to lower the auction floor price for the family residence at 54 University Avenue in Yangon to 290 billion kyat ($64.4 million USD). 

Aung San Suu Kyi’s legal team previously filed an objection to this request. The exact date of the next auction of the historic property, which is located in Yangon’s Bahan Township along Inya Lake, has yet to be determined.

A legal expert told DVB on the condition of anonymity that the court’s continuous granting of Aung San Oo’s requests is “inconsistent with court procedures and represents a one-sided judgment of the case.” 

The residence is where Aung San Suu Kyi famously spent 15 years under house arrest, from 1989 to 2010. On Aug. 15, the Bahan Township court held a second auction for the property with a floor price of 300 billion kyat. No bids were made, which resulted in a canceled auction. 

The base price for the first auction on March 20 was set at 315 billion kyat, but the Kamayut District Court reduced the floor price for the second attempt. 

Aung San Suu Kyi, 79, has been held incommunicado in the capital Naypyidaw since her arrest during the military coup on Feb. 1, 2021. The jailed State Counsellor has been unable to meet with her legal team since December 2022 and has not been directly involved in decisions regarding the sale of her property.

Her legal team continues to appear at court hearings twice each month for her inheritance execution suit, attempting to prevent additional complications, according to sources close to the proceedings. 

Aung San Su Kyi’s legal team makes continual requests to meet with her at Naypyidaw Prison. “Since [Aung San Suu Kyi] will get the money from the property being sold, we want to know if she agrees with and approves of these price reductions,” a source close to her legal team told DVB.