KUALA LUMPUR (March 22): Concord Housing Development Sdn Bhd, a wholly owned subsidiary of UOA Development Bhd, has signed a memorandum of understanding (MOU) with Trendcell Sdn Bhd, the operator of Jaya Grocer, for a potential collaboration to operate a premium grocery store at the developer's upcoming development — Bamboo Hills Residences, off the Duke Highway and near Jalan Ipoh, Kuala Lumpur.

According to a press statement on Friday, the MOU was signed between UOA Development general manager (projects) Stephanie Kong and Trendcell deputy CEO Daniel Teng.

Spanning about 10 acres, the freehold Bamboo Hills Residences will have three residential blocks on top of a retail podium, which will serve as a hub to provide convenient access to daily necessities and services. The retail mix will focus on groceries, diverse dining options, wellness and healthcare, and will serve as a community space where residents and communities can gather.

Bamboo Hills Residences is the latest phase of development following the completion of Bamboo Hills, a popular dining destination centred around a lush landscape and water features. The transit-oriented development will have a direct link bridge to Kentonmen MRT Station and offer an urban living lifestyle with good connectivity and accessibility to the city centre.