Sun Hung Kai Properties yesterday sold two luxury houses at Shouson Peak in Deep Water Bay for almost HK$500 million even after a discount of up to 8 per cent and a 50 per cent subsidy on stamp duty. A 3,603 square foot house with a 750 sq ft terrace and a 1,143 sq ft garden changed hands for HK$262.8 million, 5 per cent lower than the listed price of HK$276.67 million.

A 3,227 sq ft house, with 717 sq ft terrace and 585 sq ft garden, sold for HK$229.89 million, also 8 per cent lower than the listed price, translating into HK$71,242 per square foot by saleable area.