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Nightriderzack
Since you're from Malaysia, you're better off getting your CPL from any JAA nation or a country which follows a pattern similar to the UK CAA .. like Malaysia and some of the Middle Eastern countries.
Training in the US might be a bit cheaper compared to schools in Europe or Middle East, however subsequent conversion of your FAA licence to a Singaporean licence would be dicey (as told by many friends).
Regarding "quality" and job prospects ..
while a JAA licence is considered as "respectable" (apparently due to the phenomenal effort to pass 14 papers) compared to "quick, easy and dirty" licences and ratings from the USA, understand that in order to be considered a worthy candidate for applying to any small regional airline in Europe or Middle East, you need to pass all 14 JAA ATPL papers (frozen ATPL), in addition to possessing citizenship or the right to work in those countries.
As far as looking for work in India goes, it does not matter whether you got your Indian CPL by training in India or have got your American/Canadian/Australian licences converted to an Indian one.