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SEOUL, South Korea -- South Korean Bae Sang-moon shot a 2-under 69 Sunday to win the Korean Open, finishing a stroke ahead of Ian Poulter.

Poulter (70) bogeyed the 16th and 18th holes to blow his lead. American Anthony Kim (71) tied for third with South Korean Kim Wi-joong (72).

The 22-year-old Bae totaled 11-under 273 at the Woo Jeong Country Club and won $240,000 to climb to fifth on the Asian Tour's Order of Merit. It's his second victory on the tour.

He birdied the 10th hole and made par on each of the final eight holes.

"That birdie gave me the confidence needed to keep it going in the closing holes," Bae said.