History
As early as 19th century, the Peak attracted prominent European residents because of its panoramic view over the city and its temperate climate compared to the sub-tropical climate in the rest of Hong Kong. The sixth Governor of Hong Kong, Sir Richard MacDonnell had a summer residence built on the Peak circa 1868. Those that built houses named them whimsically, such as The Eyrie, and the Austin Arms. See First houses on the Peak.
These original residents reached their homes by sedan chairs, which were carried up and down the steep slope of Victoria Peak. This limited development of the Peak until the opening of the Peak Tram funicular in 1888.
The boost to accessibility caused by the opening of the Peak Tram created demand for residences on the Peak. Between 1904 and 1930, the Peak Reservation Ordinance designated the Peak as an exclusive residential area reserved for non-Chinese. They also reserved the Peak Tram for the use of such passengers during peak periods. The Peak remains an upmarket residential area, although residency today is based on wealth.
Read more about this topic: Victoria Peak
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—Henry Ford (1863–1947)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
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—Karl Marx (1818–1883)