The Hong Kong Observatory issued a black rain signal, and some tenants took the opportunity to view properties as they did not have to go to work. A three-bedroom unit in Lantian's Huijing Garden has been rented out for 22,000 HKD per month, with a rent of 36 HKD per square foot. The owner purchased the unit in April this year for investment and now enjoys a rental return of 3.5%. Lin Xiaoyan, a senior client manager from Huijing Branch of Meilin Property, said that the unit is on the middle floor of Block 7, Huijing Garden, with a practical area of 614 square feet, a three-bedroom layout, and views of the inner garden. The owner and tenant took advantage of the black rain signal to sign the contract. The unit was initially priced at 22,800 HKD per month. Since the Hong Kong Observatory issued a black rain signal this morning, tenants saw that they did not have to go to work and took the opportunity to view the property. The owner also happened to have time to arrange the signing due to the heavy rain. In the end, after viewing the property, the tenant was impressed by the new and clean renovation and immediately negotiated to rent the unit for 22,000 HKD per month, which translates to about 36 HKD per square foot. The renovation was completed two weeks ago, and the owner has enjoyed a 3.5% return for four months. The agent revealed that the owner only recovered the unit two weeks ago and immediately renovated and repainted the unit. The process was just completed two days ago, so the interior is new and clean. In addition, similar units in the neighborhood without renovation are currently priced at 20,000 HKD, which is not much different from the rent of this unit. Combined with the limited supply of properties, the tenant decided to rent it quickly. The owner purchased the unit for 7.45 million HKD in April this year for investment, and the rental return is about 3.5%.