Sterboul enters Malaysian market on the back of explosive growth in the luxury sector
KUALA LUMPUR (Nov 13): Malaysia’s economic transformation has given birth to a new cluster of uber-wealthy businessmen, which has enticed luxury European property development company, Sterboul, to make Malaysia its entry route to the Asian market.Mirjam Nielsen, Sterboul’s Marketing Manager said that “If we look at the luxury auto sector, Porsche has experienced remarkable growth in the last few years, with sales in Malaysia increasing by more than 1,100% in five years. BMW and Mercedes-Benz passenger car sales have almost doubled in the same period. If you compare them with other car ma...
Source: theedgemarkets.com