The Peak offers so much more than just a shopping mall.  There is a sensational 3 KM / 2 Mile flat walk that takes around the The Peak and offers fantastic views of Hong Kong and really beautiful nature. 

Most people go the Victoria Peak and stay at the shopping mall.  But you should make effort and do the 30 / 35 minute walk.  You wont regret it and I guarantee you will find yourself going to the peak more often just to do this walk.

Another suggestion, Is to take a taxi from central which is 40/50 hong kong dollars.  The Peak Tram is nice for the first time tourist but definitely not the way to go on second, tenth, and twentieth time.

A fast and easy weekend getaway a 10 minute taxi ride from from central, hong kong.