sorry to say, the straight answer is no. it is more advisable to pursue a diploma or a post grad diploma.

firstly, singapore is not an engineering hub, companies would prefer to employ experienced engineers, preferably diploma holders because it is more cost efficient. in singapore, experience counts.

secondly, the demand for masters holder is low. look through job sites: mostly are looking for "degree or diploma preferred". Good luck in finding one which is specifically looking for masters.

if u want a masters, u can excel in ur career in countries like UK or US.