Myanmar Junta Fails Again to Auction Aung San Suu Kyi's Historic Mansion
The lakeside property, valued at $140 million, has not attracted bidders despite three attempts, reflecting Myanmar's economic and political turmoil.
- The Myanmar military junta's third attempt to auction Aung San Suu Kyi's Yangon mansion ended without any bids on February 5, 2025.
- The colonial-era property, a symbol of Suu Kyi's pro-democracy struggle, was listed at a reduced minimum price of $140 million but failed to attract interest.
- The mansion, where Suu Kyi spent nearly 15 years under house arrest, has been at the center of a decades-long legal dispute between Suu Kyi and her brother over ownership.
- Observers link the lack of bidders to Myanmar's ongoing civil war and economic collapse following the 2021 military coup that ousted Suu Kyi's government.
- The property has significant historical value, having hosted global leaders like Barack Obama and Ban Ki-moon during Suu Kyi's leadership tenure.