Malaysian businessman Tan, who took over at Cardiff in May 2010, sparked outrage when he switched the team's home kit from blue to red in 2012 as part of a rebranding exercise designed to make the Championship club more appealing in his home country.
Tan then made a U-turn in January by signalling the club would return to their traditional blue colour scheme following a series of protests by supporters.
The current badge features both a bluebird and a Welsh dragon, but the latter's replacement may give fans yet more cause for complaint.
"I think the new crest has been designed in-house here and I think it looks very good," he told the club's YouTube channel. "I'm very happy with it.
"It's got a dragon there, but this time it's got an oriental dragon.
"And I think the fans will be happy that the bluebird is truly outstanding there."
Explaining his reasons for changing the club colours back to blue, Tan added: "Around Christmas, my mother said it is not a good idea to keep having this problem with Cardiff - 'Why don't you just do something about it?'
"So I thought maybe it's about time."
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