The lane running across the front court of Yi Tai Study Hall is paved with white stones, and is known as 'Pak Shek Hong' (White Stone Lane). The building is composed of two halls and one courtyard. In the front hall, the God of Wealth, the God of Literature and the Martial God are worshipped. The rear hall is a place for study.

With the introduction of modern education in the early twentieth century, the Study Hall was converted into a primary school with about thirty students. It was abandoned during the Japanese Occupation (1941-1945) although the worship of the Literary and Martial Gods continued. The building however has since been left vacant and unattended.

With full support from members of the Tang Yi Tai Wui, emergency repairs were carried out in November 1992 to avoid further deterioration after the formal declaration of the building on 26 July 1992. The final phase of restoration work which commenced in March 1994 to fully restore the Study Hall was complete in September 1994. The restoration was solely funded by the government. The restoration project was supervised by the Antiquities and Monuments Office and the Architectural Service Department.

A rehabilitation ceremony was held on 4 December 1994 to mark the completion of the restoration. The historical building has since been opened to the public.