很多人一提到Lentor，第一反应就是供应太多。短短四年连续推出七个新盘，明年将推出第八个。
未来进入转售市场后，竞争难免会非常激烈。
但我最近在研究Lentor的时候，反而开始觉得，很多人可能低估了北部长期累积下来的升级需求。
Ang Mo Kio / Yio Chu Kang / Yishun / Sembawang / Woodlands这一带，过去几年新的私宅供应其实并不多。很多北部家庭不是没有upgrade能力，而是一直缺少一个真正新的，靠近地铁，同时价格容易入手的新社区。
Lentor未来会不会oversupply，可能不能只看有多少项目，更要看整个北部，到底还有多少升级买家会继续被吸引进来。
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Many people’s first reaction when they hear “Lentor” is that there’s simply too much supply. In just four years, seven new projects have been launched there, with an eighth expected next year.
Once all these projects enter the resale market in the future, competition will inevitably become intense.
But the more I’ve been studying Lentor recently, the more I feel that many people may be underestimating the long-accumulated upgrade demand from Singapore’s northern region.
Areas like Ang Mo Kio, Yio Chu Kang, Yishun, Sembawang, and Woodlands haven’t actually seen much new private housing supply in recent years. It’s not that families in the north lack the ability to upgrade, it’s that they’ve long lacked a genuinely new community that is close to the MRT while still remaining relatively affordable.
So whether Lentor will eventually face oversupply may not depend solely on how many projects are there, but rather on how many northern upgraders will continue to be drawn into the area.