The Royal Hong Kong Yacht Club, formely named The Hong Kong Corinthian Sailing Club in 1890 and renamed in 1894. The club moved to Kellett Island in 1938 and the club was built on the foundations of the old Naval Powder Magazine. The clubhouse was designed by local Hong Kong Architects Leigh and Orange and was officially opened in 1940.
Old magazine walls are incorporated into the ground floor of the club building, and one magazine was converted into the changing room and squash court, while the other housed a restaurant and a snooker room. It is currently classified as a Grade 3 Historic Building.