Happy Valley Clubhouse, Private clubhouse in Wan Chai District, Hong Kong.

Happy Valley Clubhouse is a members' facility of the Hong Kong Jockey Club on Shan Kwong Road in Happy Valley, converted from a stable block after the stables moved to Sha Tin in 1987 and opened on 12 November 1992. Its dining venues include the Derby Restaurant and Bar, Lucky Court, the Ba Li Garden food court and Ka Lok House, while recreation facilities range from tennis and squash courts to a swimming pool, fitness centre, billiard room, reading room and sauna. In October 2020 an expansion was completed under the name The Hilltop in the Valley.

The Shan Kwong Road site was originally a stable block. After the stables moved to Sha Tin in 1987, the building was converted into clubhouse facilities, which opened on 12 November 1992. In October 2020 an expansion was completed and named The Hilltop in the Valley.

The clubhouse's dining venues include the Derby Restaurant and Bar, Luck Court, the Balicourt and Balipass food court, Ka Lok House and Six Furlongs. Members may bring guests to the dining facilities, while the recreation facilities are generally reserved for full, corporate and club members; other members such as racing members cannot use them.

The clubhouse stands on Shan Kwong Road, on the site of the former stables that moved to Sha Tin in 1987. Parking is reserved for members holding a parking permit. Dining outlets admit members' guests, but recreational facilities such as the pool, courts and gym are generally limited to full, corporate and club members.

The 1992 Shan Kwong Road clubhouse replaced a stable block that moved to Sha Tin in 1987. Its 2020 expansion was named The Hilltop in the Valley. Note that only full, corporate and club members may use the recreation facilities; racing members and other categories cannot.