Speed of the servers - This may not be accurate, I will first, surf around their website to see how fast the loading time for their main page. If it took more than 5 few seconds, it means that they have a bad server.
Value for money - It is difficult for a Singapore web hosting company to offer big size webspace as datacenter prices are quite high here. If you have one to two blogs, you do not need more than 100MB webspace. Do not go for web hosting that has many limitations, e.g. giving you only a database to use.
For local web hostings, try find it here.
If you are looking for international web hosts, you can try these: DuoServers.com, NetFirms.com, HostGator.com, BlueHost.com, Globat.com and DreamHost.com.
More cheaper web hosts : CirtexHosting.
Since there is a 30 days money back guarantee for most of the web hosting, you can try installing speedtest script on the server to test the actual speed of the hosting you are getting.
If you are not willing to pay for a hosting yet, you can still try using a free hosting available at FreeWeb7, FreeHostia, 50Webs, T35 and Unlimited MB.
More free web hosting can be found here.
Good links about web hosting:
Reseller vs. Shared Hosting
Shared or Dedicated - Which Should You Choose?
GoDaddy Sucks
HostGator Tips
Scams
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