Revolution in suburbia
At the Tsao residence, there's none of the usual opulence one would associate with a multi-million dollar home as the family invests instead in green technology.
FOR a multi-million dollar house, some might find the new home of Darani Winnie Tsao a little underwhelming. Nestled in District 10, one of Singapore's most exclusive neighbourhoods, its nondescript facade - partially covered with vertical planted walls and weather-worn timber cladding - seems to almost fade into the surrounding green verge while neighbouring mansions of shiny glass, stone and steel vie with one another for prominence.
But at the cost of around S$1,000 per sq ft to build, the 20,000 sq ft Tsao residence, which has a built up area of 7,000 sq ft, was not cheap. So where's the Carrara marble and titanium cladding one usually associates with luxury homes?
Dressed in a simple (but stylish) black tunic, with hair tied back in a ponytail, and sans makeup, Mrs Tsao reveals that much of the cost went into the "intangibles" required to build a house that is environmentally sustainable. "The initial investment for green (technology) is not cheap," she adds.
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector