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Lots of international students move to Singapore to pursue their furthur education and Dimesnsions International College seems to be a well established university.
When you ask 'what are the consquences?' I assume you are asking about job opportunities in Singapore after you've completed your degree. There are lots of opportunities for expats in Singapore especially in tourism. I think that having a degree from a well-known university in Singapore will also increase you job prospects. Take a look at the Expat Arrivals page on Working in Singapore.
I think you'll find our general Singapore Country Guide is full of useful information for your move.
Good luck with your studies in Singapore