It may look expensive, but it is one of the top hosting company in Singapore in terms of service and technically. Many companies that offer cheap hosting plans are either managed by young kids who do not know a lot on hosting/networking/server management. These kids' do not have recovery plan from what I know, relying on the people who lease them the servers to run the company they own. You will lose money if the website is critical, although they will refund you. SG.GS have their backup or recovery plan should any of the parts is damaged, coz they use same or very similar parts for their server, lowering overall spare parts costs altogether. I knew these from www.sgwebhostingtalk.com
I am not linked to this company at all, please do not flame me or whatever. I am sharing what I can at the moment. Just choose whatever you think is good for your money.