Voila! It's quite amazing what a curtain rod and a few pieces of nice fabric can do for a space. We also dig the controlled proportion sizes of both the furniture and the TV. Keeping things within proportion can create the illusion of a much larger space with limited square footage, though the opposite is not always true.
Oh, and bonus points for hiding all the cords! (You didn't think we'd miss that, did you?)
You can check out the rest of Kiri's home by Atelier Riri architects over at ArchDaily.