chinese new year money tree

Name: The Plant Company
Address: 284 Meeanee Road, Meeanee, Napier, 4112, New Zealand
Telephone: 0800 843 752
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Bring abundance and good fortune into your home or office this Lunar New Year with the Chinese New Year money tree, botanically known as Crassula ovata. Often simply called “jade plant” or “money plant,” this popular succulent has become synonymous with wealth, prosperity, and positive energy in Chinese culture. Its glossy, coin-like leaves and easy-care nature make it an ideal living gift for celebrating the new year, starting fresh, or wishing someone financial luck.

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

More species and varieties of Crassula

Popular Succulents

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Why Choose Crassula ovata for Chinese New Year?

The Chinese New Year money tree has long held a special place in the hearts of plant enthusiasts and followers of feng shui. Its rounded, emerald-green leaves resemble jade coins, believed to attract wealth and harmony to their owners. Display one near the front door, on a sunny windowsill, or in the dining room to enhance prosperity and keep negative energies at bay.

As a succulent, Crassula ovata thrives on minimal attention, perfect for busy lifestyles or beginner gardeners. Its drought tolerance and resilience mean you can enjoy lasting beauty and symbolism for years to come.

Plant Care Tips for Your Chinese New Year Money Tree

Caring for your Chinese New Year money tree is simple, making it one of the best choices for both new and experienced plant parents.

Light: Place your Crassula ovata in bright, indirect sunlight for best leaf colour and growth. A few hours of gentle morning sun helps maintain its vibrant appearance.
Water: Allow the soil to dry out between waterings. In New Zealand’s cooler months, reduce watering, as succulents need less moisture.
Soil: Use a well-draining potting mix suited to succulents.
Fertiliser: Feed sparingly in spring and summer with a diluted, balanced fertiliser.
Pruning: Gently pinch back leggy stems to encourage a bushier plant and more abundant “coins”.

The Perfect Gift for Good Fortune

The Chinese New Year money tree is a cherished gift for friends, family, or colleagues starting a new chapter. It’s also easy to propagate—simply take a healthy leaf or stem cutting and root it in soil, spreading the fortune even further.

For those interested in growing a collection of lucky succulents, consider the closely related Crassula ovata minima, which boasts delicate, compact foliage, or the showy Crassula arborescens, known for its silvery-blue leaves. Other unique Crassulas, like Crassula sarmentosa Comet and Crassula pellucida variegata, make excellent companions as well.

Explore More Succulents for Prosperity and Style

Succulents bring natural beauty and tranquillity to any space. If you love the symbolism of the Chinese New Year money tree and want to diversify your indoor garden, explore statement plants like Fenestraria rhopalophylla (Baby Toes), Crassula lycopodioides, or the striking Crassula corymbulosa (Red Pagoda). Their varied shapes and colours offer visual interest and a modern touch.

Celebrate the season with a Chinese New Year money tree and let the spirit of renewal, abundance, and well-being flourish in your home.

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.