Scientific name: "Chrysalidocarpus lutescens". The areca palm also called the yellow butterfly palm, bamboo palm and golden cane palm, is one of the easiest palm trees to grow indoors. The areca palm can grow as high as 30 feet outdoors, in interior locations, it tends to average only 6 to 7 feet. Long evergreen leaf stems shoot up from golden stalks and arch outward and down. The small white flowers and dark purple oblong fruits can appear year-round. These palms typically grow 6 to 7 inches per year. The Areca Palm requires heavy watering; however do not allow the plant to sit in water because this could lead then to root rot. They add 6 to 10 inches of growth per year until they reach a mature height of 6 or 7 feet. They need bright, indirect light from a south- or west-facing window. The leaves turn yellowish-green in direct sunlight. This is a medium-sized palm tree, with height to 20 m, 10-15 cm trunk in diameter, 1.5-2 m in length leaves and numerous pinnate. The areca palm is widely used like an interior landscaping species too. You can plant the areca palm tree in clay, loamy or sandy soil with an acidic to alkaline pH.