The 19-year-old touched home in 23.70sec to come in second in the 50m butterfly race, behind Chinese winner Shi Yang, who set a Games record of 23.46 in his victory. South Korea's Yang Jung Doo came in third in 23.79.
Get the full story from The Straits Times.
Schooling graduates to Gold
By Chua Siang Yee in Incheon
AS THE announcer read his name, Joseph Schooling sat on the lane rope, thumped his chest and pointed to his cheering Singapore team-mates in the stands, before falling back into the water.
The playful post-race celebration, megawatt smile and unmistakable glint in his eyes said it all.
Schooling was a happy man last night. Because making history - and breaking records - usually does that to people.
In 51.76 seconds, the butterfly specialist swam his way into the history books yesterday, ending Singapore's 32-year wait for an Asian Games men's swimming gold medal.
Under the silvery dome of the Munhak Park Tae Hwan Aquatics Centre, the 19-year-old touched home in the 100m butterfly in an Asian Games record time, ahead of China's Li Zhuhao (51.91) and Japan's Hirofumi Ikebata (52.08).
Ang Peng Siong was the last male swimmer to clinch a gold for Singapore at the quadrennial meet when he won the 100m freestyle at the 1982 Games in New Delhi.
Grinning as he met reporters after his win, Schooling, whose victory brought Singapore's first gold at the Incheon Asiad, said: "Before the race, I was really confident.
"I knew I had a good chance to win, that if I put myself out there, (swim a) strong first 50m and give it all I could (in the last 50m) coming home, I'd be up there.
"I wasn't really thinking about that (winning Singapore's first Asian Games men's swimming gold in more than three decades) but it's always good to know that you are breaking records and surpassing milestones... and I'm really honoured I can do that for my country."
The time was fractionally off his personal best of 51.69sec - Asia's best time this year - clocked at July's Commonwealth Games, where he clinched a silver.