Singapore has 1 festival in this guide, spread across 1 city. They run in December, and festival-day temperatures range from 30°C (86°F) to 30°C (86°F), with nights down to 25°C (77°F). That range is the reason there is no single "Singapore festival outfit". The answer changes by month and by site.
Every one of them runs in real heat (28°C or more), where loose natural fabrics beat coverage and a brimmed hat does more than any garment. 1 carries a high rain risk, which makes waterproof footwear a requirement rather than a precaution.
The ground matters as much as the sky. Every festival here is on beach, which puts flat sandals you can rinse, plus trainers for the night stages at the top of the list for most of these events. None of them have camping on site, so you are travelling in and out each day and the outfit has to survive the journey at both ends.
Stylistically the crowd here leans beach, rave, tropical and neon. ZoukOut is the largest of them at around 30,000 people, and it sets the tone the smaller ones react to. None of that is a dress code. It is what you will see, which is worth knowing if you would rather blend in or deliberately not.