Haw Par Mansion and its private garden have been preserved and passed to the HKSAR Government in 2001, and the Tiger Balm Garden was demolished in 2004 for redevelopment. The premise was accorded Grade 1 historic building status in 2009.

With the support of the HKSAR Government’s Revitalising Historic Buildings through Partnership Scheme, Aw Boon Haw Foundation and Haw Par Music Foundation Limited has converted Haw Par Mansion into Haw Par Music, a music and social initiative.

Haw Par Music is a centre for cross-cultural exchange through music, heritage and arts, with a social initiative. It aims to create a unique place where the heritage of the Haw Par Mansion integrates with vibrant and enriched music education and arts programmes for the Hong Kong community. It also serves to develop broader cultural understanding for the enrichment of life, future community and service leaders, and to enhance the harmony through music.