Tiger Woods extricated himself from a series of trouble spots with par saves -- including a memorable chip-in at the 14th hole -- to hold off Vijay Singh today and win the Memorial tournament by two strokes.

This wasn't the Woods of the 1997 Masters, lapping the field while piling up a succession of birdies as the rest of the world's best players shook their heads in disbelief.

Instead, Woods -- who said he is playing at his peak at the age of 23 -- had an imperfect round that was salvaged by patience and timely shot-making. His 3-under 69 at the long and treacherous Muirfield Village Golf Club left him at 15-under 273.

"The short-game shots, I've always loved hitting them. I've always loved chipping and scrambling," Woods said. "I was so wild when I was younger, I had to hit those shots."

Woods's second victory of the year was worth $459,000. It was his second win in as many tournaments, as he won a European PGA Tour event last month in Germany. It marked the seventh time in his pro career he carried the lead into the final day -- and the sixth time he had it at the finish.

Starting the day with a two-stroke lead over Singh and a five-shot margin on David Duval, Woods saved par on each of the first two holes from off the green. It was to be a trend.

Singh shot a 69 to get to 13-under 275. Duval shared third place at 9 under with St. Albans School graduate Olin Browne, who shot a 65 for the day's low round, and Paraguay's Carlos Franco.

"I'm very disappointed finishing second," Singh said. "I thought I was going to win. I played better golf than Tiger did today and he won. He scored when he needed to."