Cool 'British-style' way to climb up to Victoria Peak to see the spectacular views over Hong Kong city (night views are the best!). However it is very common you will have to wait anywhere from 10 mins to two hours. The most convenient (and cheapest) option is to just take a cab. I would argue the views from the road (taking a cab) are better than the views from the tram as you only get brief snippets.
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