Maybe? Who cares? They're just being up front about what they see as a culture fit. Anyone hiring has their own version of these requirements in their head.
It has 9 points and some comments on the blog, so apparently some care. It exemplifies several patterns of job postings that are seen outside of Singapore, which makes it potentially useful for a lot of HN, while being in Singapore satisfies curiosity for some HNers like me.
It's debatable how much value there is in having a well-defined culture rather than one that just emerges, and also how to define one. I think the way the authors of this job posting define their culture is narrow-minded. A lot of people who aren't into a traditional lifestyle don't go out of their way to talk about it, in fact they lead a simpler life so they don't have to think so much about their lifestyle.
Edit: while I was typing this the number of points shot up to 15.