The day has come! Apple launches iTunes Store in Singapore alongside with Hong Kong, Taiwan, Brunei, Cambodia, Laos, Macau, Malaysia, Philippines, Thailand, Sri Lanka and Vietnam. iTunes Match will be available as well for S$31.98 per year! The iTunes store is live on my Mac, but it seems it has not yet been made available on my iTunes app on my iPhone.
Music pricing starts from S$1.28 for a single track and typical price for an album is S$9.98.