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chinese money tree plant

The Chinese money tree plant, scientifically known as Crassula ovata, is a beloved houseplant in New Zealand households, renowned for its attractive glossy leaves, resilience, and reputation as a bringer of good fortune. Sometimes called “jade plant” or “money plant,” this easy-care succulent is a staple for beginner and expert gardeners seeking colour, structure, and positive energy for their indoor or outdoor spaces.

Crassula ovata

Crassula ovata (Money Tree) is a popular succulent known for its thick glossy green leaves and tree like structure. It is widely grown in New Zealand as an indoor plant and in warm outdoor conditions. Valued for its easy care nature and long lifespan, it is ideal for containers, patios, and low maintenance gardens.

crassula-ovata-
  • Suited to regions:
    Subtropical, Temperate
  • Plant type:
    Succulents
  • Height:
    1.00 m
  • Spread:
    1.00 m
  • Flowering time:
    Summer, Winter
  • Tolerances:
    Extended dry periods
  • Garden uses:
    Borders, Containers, Living areas, Paths & Steps, Patios, Pool areas
  • Garden styles:
    Architectural, Backyard, City & Courtyard, Frontyard, Mediterranean, Modern
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Crassula ovata

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What is the Chinese Money Tree Plant (Crassula ovata)?

The Chinese money tree plant (Crassula ovata) is a succulent that hails from South Africa but has become incredibly popular worldwide, including throughout New Zealand. Its thick, oval-shaped green leaves are edged in red in bright conditions, making this plant a standout in any succulent collection. With its slow growth and ability to live for decades, the Chinese money tree plant is often passed down through generations, symbolising lasting luck and prosperity.

Benefits and Uses of the Chinese Money Tree Plant

This easy-going plant serves multiple purposes in the garden and home. The Chinese money tree plant is celebrated for:

Because it is drought-tolerant and slow-growing, the Chinese money tree plant is ideal for anyone wanting a low-maintenance indoor or patio feature. Looking to diversify your succulent groupings? The Chinese money tree plant pairs beautifully with relatives like Crassula arborescens and Crassula sarmentosa Comet for textured displays.

Care Tips for Crassula ovata

Caring for your Chinese money tree plant is straightforward:

If you want a smaller version, Crassula ovata minima makes an adorable compact alternative, perfect for tight spaces or gifting.

Other Unique Succulents for Your Collection

Building a diverse succulent garden is easy with varieties related to the Chinese money tree plant. Consider adding Crassula pellucida variegata for colourful foliage or the quirky Crassula lycopodioides for a unique texture. For a pop of floral colour, try Delosperma 'Violet Wonder' or Delosperma 'Peridot'. Broaden your horizons with striking succulents such as Agave victoriae-reginae, Aeonium Subplanum, and the frilly-leaved Echeveria shaviana.

Create Your Own Lucky Succulent Oasis

Whether you’re new to plant care or a long-time enthusiast, the Chinese money tree plant makes an exceptional, low-fuss option for New Zealand homes and gardens. Browse our full range of succulents to find the perfect companions to your Crassula ovata and create a space that’s bursting with good fortune, beauty, and year-round greenery.


Contact us

Whether you need assistance finding the plant you’re looking for or you simply want to know more about who we are and what we do, we invite you to get in touch with us today. A member of The Plant Company team will get back in touch as soon as possible.

Lomandra Lime Tuff and Agapanthus 'Gayles Lilac' are classic choices, but adventurous gardeners will enjoy Malus floribunda, Skimmia japonica Rogersii, and Lemon 'Lemonade'.
–The Plant Company

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