The station was built as part of the Sha Tin to Central Link (SCL), and opened on 27 June 2021[2] along with the rest of phase 2 of the Tuen Ma line (Sung Wong Toi to Hung Hom).

In a proposed network map announced by the MTR to the public on September 23, 2017, the station's name was updated to that of the nearby landmark, Sung Wong Toi, a significant historical site from the Song dynasty era of Emperor Duanzong.

These names were chosen to address public feedback on geographical accuracy, the historical importance of the monument, and the blending of railway structures with the local community.

The unexpected discovery resulted in an 11-month delay and an additional cost of 3 billion Hong Kong dollars for the project.

Out of the 700 thousand relics unearthed, approximately 400 items such as coins and ceramic wares are now on display in the station's concourse.