By Gabriel Tan
The Lions, along with Thailand, hold the record for most victories is Southeast Asia's premier international tournament after emerging triumphant in 1998, 2004 and 2007.
However, they have failed to deliver on the regional scene since then and embarrassingly failed to progress from the group stage two years ago, when they finished third in Group B behind Vietnam and Philippines.
Radojko Avramovic's men have also struggled for form in the past year and have won just three of their last 14 full internationals, although they did end their warm-up for the tournament with a 4-0 win over Pakistan on Monday.
And while defending champions Malaysia, Thailand and Vietnam are widely regarded as the frontrunners to be crowned Southeast Asian champions, Wong believes his side have an equally good chance of success.
"We don't fear any team," he said.
"We head into the competition where we must consider ourselves as one of the favourites.
"We're definitely going there to compete for the top prize."
The ex-Geylang United boss, who has been assisting Avramovic since being sacked by the Eagles earlier in the year, also admitted it was important to head into the competition on the back of a commanding victory over the Pakistanis.
"It was important to get a win in our last game before proceeding to Malaysia," Wong added.
"We look at it [the victory over Pakistan] as a morale-boosting win."
Wong also believed there were was an improvement in areas of the Lions' game from their previous outing - a 1-0 loss to Philippines last Thursday.
"We've been working on some tactical aspects," he explained. "We saw a bit of it against Philippines even though we lost.
"But we kept the ball better [against Pakistan]. That's something we want to work on for the tournament."
Singapore open their Group B campaign against arch-rivals Malaysia, before taking on Indonesia and Laos.
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