The Price of Peace is a Singaporean television drama set in Japanese-occupied Singapore during World War II. It starred Rayson Tan, Xiang Yun, Chen Shucheng, Jacintha Abisheganaden, James Lye, Lina Ng, Christopher Lee, Ivy Lee, Carole Lin and . It was first aired on TCS Eighth Frequency (now MediaCorp Channel 8) on 30 June 1997. Although the drama was originally in Mandarin, an English-dubbed version was also broadcast on TCS Fifth Frequency (now MediaCorp Channel 5) in 1999. The drama has been rerun on MediaCorp Channel 8 several times since its premiere and its last airing was in August 2013. The series is based on a 1995 book of the same title (published by Asiapac Books), which contains numerous first-hand accounts of war veterans and eyewitnesses. Starting 1st August 2020, it was made