Peak Tram
About 13 years earlier, in 1875, N.J. Ede had built a house named "Dunheved" on the property. In 1881, Alexander Findlay Smith, a Scottish former railway man, had petitioned for the right to introduce a funicular railway to Hong Kong. The Peak Tram was built and began operations in 1888. About the same time, Findlay Smith bought "Dunheved" from Ede, and opened it as the Peak Hotel. (Ede and his family moved next door.) After the Peak Tram opened, Findlay Smith quickly put the Peak Hotel on the market.