The three-day Malaysia International Property Showcase (MIPS), currently being held at Putra World Trade Centre and ends tomorrow, is featuring mostly high-end stock worth RM800 million, bringing the total offered for sale for the year at all the MIPS exhibitions to RM26.8 billion.

In the previous exhibitions, RM8 billion worth of stock was showcased in July and RM9 billion each in August and September.

"The reduced amount of stock is not necessarily due to the current soft market sentiments as we are selective in terms of property types on display," said organiser Exhibition Guide (M) Sdn Bhd project director S.Y. Moey.

"This time, we're focusing on exclusive properties which are limited in number, instead of quantity which we did in the last three exhibitions."

According to Moey, 60 developers are currently showcasing their products ranging from apartments to high-end condominiums and bungalows.

They include Sime Darby Property, Glomac, Mah Sing Group, TH Properties, MetroWorld Development, Hedgeford, Bolton, OSK Property, Metro Kajang Holdings, MCT Homes, MK Land Holdings and Amanah Raya Properties.

The price of the stock ranges from RM250,000 for an apartment to RM15 million for a bungalow in Kenny Hills, Kuala Lumpur.

Also among them is the freehold Damai206@EmbassyRow located behind AmpWalk Mall and next to Sucasa Apartments in Ampang, KL, launched by MetroWorld Resources Sdn Bhd of the MetroWorld group.

It is a low density 18-unit condosuite with built-ups from 3,100sq ft and features four-plus-one bedrooms and five bathrooms. Pegged from RM2.95 million, buyers get to enjoy a special loan package with margin of financing up to 90 per cent.

"We are having lucky draws for purchasers who stand a chance to take home household appliances worth a total of RM20,000. In addition, all visitors will also get a chance to win a trip to Bali," Moey said.

Meanwhile for those who want to exchange house buying experiences, he suggested they attend the "Protection not guaranteed" conference today.

Organised by the National House Buyers Association, it aims to share knowledge on tackling housing problems such as errant developers and abandoned projects as well as how proactive reforms and effective law enforcement can significantly improve the industry. Participation fee is RM20.

MIPS is also organising free seminars on subjects such as how to generate income through property investment during a financial crisis, recession-proof real estate investment, trends for next year, and the Malaysia My Second Home programme.