British looked for a third port because Dutch monopoly which they had to pay large taxes and not a ground to stand on near the main trading centre between India and China. Two of their bad choice ports were located like shit from the main trading area, therefore, not making money, and not a good path from India and China.
British chose Singapore because of its superior location, occupying a central position in the Main Trading Centre, allowing much trading to take place and increasing business for Singapore. It also had a deep and extensive harbour which allowed ships to park comfortably, attracting many traders. Dutch were not there, allowing them to set up a trading port, without much rivalry.
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