[4] New Horizon Mall was first announced in 2013 by the Torgan Group, with construction expected to begin in 2014 and finish in late 2016.

[6] The project broke ground in June 2016 following unexpected delays, which push back its completion date to late 2017.

The Best Shop, a retail outlet described as "Chinese Walmart", was announced as the mall's first anchor tenant in March and opened in four months later.

[10] The store received eight months of free rent and financial support for improvements to its 15,000 square feet (1,400 m2) retail space.

[12] Due to the COVID-19 pandemic, the market's grand opening in March 2020 took place mostly online, focusing on fresh food delivery.