The project of the allocation-based indemnificatory apartment managed by Mingcheng Company of Wenzhou City Urban Development Group has successfully completed preliminary work including project site selection opinions, planning conditions, and red lines, and has successfully passed the filing and project establishment of the Development and Reform Commission of Ouhai District, marking that Wenzhou City's first allocation-based indemnificatory apartment project will officially enter the construction phase.

The project is located in the Ouhai central area, covering an area of 0.0322 million square meters, with a total construction area of 0.1172 million square meters, planning to build a total of 872 units of allocation-based indemnificatory housing.