Tender for the mansion was auctioned in 2010 and was won by the firm LHN. The mansion underwent another round of renovations and in 2011, the Alkaff Mansion Ristorante serving Italian cuisine was opened. Despite recognition in Michelin publications, skepticism in the restaurant's ability to continue business was expressed in a media report in March 2016. The restaurant would eventually cease operations in July 2016. The restaurant may have overestimated the commercial value of the mansion: it agreed to pay a monthly rental three times the guide amount during the auction of 2010.
