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Bayon Night Market Shopping Mall operates as an open-air retail venue in central Siem Reap, focusing on evening trade from 5 PM to midnight daily. It hosts approximately 200 stalls with a tenant mix dominated by local handicrafts, souvenirs, jewelry, clothing, artwork, silk products, wooden carvings, and street food vendors offering Khmer cuisine like amok and lok lak alongside international snacks.

Positioned near Pub Street and the Siem Reap River, it benefits from high tourist accessibility via walking paths, tuk-tuks costing $1-2 for short rides, and bicycle rentals. Footfall is driven by Siem Reap tourism, with over 615,000 international arrivals at Siem Reap International Airport in 2024, contributing to bustling evenings especially during the dry season from November to March. Occupancy remains high at around 90 percent due to demand from small vendors, with stall rent levels ranging from $200 to $600 per month based on size and prime positioning, lower than formal malls but variable with negotiation.

The market holds a solid position in Siem Reap retail landscape as a cultural and shopping hub, supporting local artisans and community economy, though it faces reliance on fluctuating tourism which recovered to about 6 million national visitors in 2024 but remains sensitive to global events.

Operational quality includes vibrant lighting and live performances, yet open-air setup exposes it to weather risks and maintenance issues.

Leasing advantages include low entry barriers for retailers targeting impulse buys from tourists, but drawbacks involve product repetition across stalls and limited storage or infrastructure compared to enclosed malls.

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Hours of Operation

Hours

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 06:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

Steung Thmei, Siem Reap, Cambodia

Insights

Demographic Profile and Footfall

Demographic profile targets international tourists comprising Americans, French, British, Australians, South Koreans, Japanese, and Chinese, aged primarily 25-55, including families, couples, and backpackers drawn to cultural immersion near Angkor Wat. Local Cambodians also participate, adding to a diverse shopper base. Footfall peaks in evenings with estimates of 1,000-3,000 daily visitors during high season, supported by Siem Reap tourism growth but subject to seasonal dips in wet months from May to October. This creates opportunities for high-volume sales in souvenirs and food, yet risks from tourism volatility, as evidenced by slower recovery in retail sectors post-COVID, potentially leading to inconsistent revenue for lessees.

Tenant Mix and Occupancy

Tenant mix features a blend of artisan stalls for handicrafts and apparel alongside food and beverage vendors, promoting local products but with notable overlap in offerings like scarves and carvings, which can dilute uniqueness. Occupancy rates hover around 90 percent, reflecting strong demand amid low rent barriers, enabling quick setup for small businesses. Advantages include exposure to tourist spending, with average daily sales potential varying by category, but challenges arise from informal lease terms, limited space for expansion, and dependence on evening hours, restricting operational flexibility compared to daytime retail formats.

Competition and Risks

Competition is intense with multiple nearby night markets such as Angkor Night Market, Phsar Chas, and Siem Reap Art Center, all vying for the same tourist crowd and offering similar goods, leading to market saturation in key categories like souvenirs and street food. Risks include weather-related disruptions in the open-air environment, potential overcrowding affecting shopper experience, counterfeit items impacting reputation, and broader market challenges like slow retail recovery in Siem Reap as per 2025 reports, with infrastructure aging and tourism dependency heightening vulnerability to economic shifts or health crises.

Building Details

Property Type
Shopping Mall
Gross Leasable Area
2500
Year Built
2007
Parking Spaces
50
Average Monthly Footfall
83,333
Owner
Local entrepreneurs

Detailed Market Analytics

Primary Catchment Area
Siem Reap urban area
Secondary Catchment Area
Greater Siem Reap Province
Catchment area population
245,000 People
Population growth rate
1.62 %
Median age
26.2 Years
Household size
4 People

Median household income
2,616 USD/Year
Cost of living index
632 USD/Month

Spending on apparel
274.50 USD Million
Spending on electronics
758.40 USD Million

Dwell time
60 Minutes

Number of retail stores
100 Stores
Anchor tenant presence
No
Competitor density (same category)
High
Tenant diversity
High
Unique Concepts
Yes

Number of Levels
1 Levels
Vacancy rate
Low %
Lease term flexibility
High

Proximity to main roads
Close
Public transport access
Good
Parking spaces
Limited Spaces
Pedestrian traffic
High

E-commerce competition
Growing
Click-and-collect adoption
Low
Internet penetration
108.0 %

Retail crime rate
Medium
Security measures
Basic

Promotional events
Yes
Digital signage presence
Limited

Projected foot traffic growth
3.0 %
New tenant pipeline
Ongoing
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Siem Reap

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