3 September – The PAP wins the 1988 General Election and group representation constituencies (GRC)s are introduced.
20 December – The NSL from Yishun MRT Station to Khatib MRT Station Opened
The 1988 Singapore Lunar Year of the Dragon 1oz Gold Coin was struck by the Singapore Mint in the year 1988 and belongs to the popular Lunar series of gold bullion coins. Each 24k coin contains 1 troy ounce (31.1035 grams) of gold and is legal tender with a face value of $100