The Golden Chain tree, is a fast growing, medium-sized (about 6m high), semi-deciduous tropical tree native to Brazil. It is widely cherished as an ornamental tree, often found along roadsides and in gardens. Its mesmerizing pendulous inflorescences can bear an impressive 300-500 flowers at once. These fragrant flowers rich in nectar, attract a multitude of bees.

Adorned with large ovate leaves arranged in whorls, this tree has a lush foliage, that provides ample landing site for air particulate matter to reduce pollution. 

Its name, derived from the Greek words "lophos" meaning ridged/crested and "anthos" meaning flower, alludes to the distinctive ridged anthers of its blossoms. Additionally, when injured, the tree releases a milky latex, which explains its specific name, "lactescens." This wood possesses remarkable resistance to wood-eating insects, making it highly valued among wood growers.

Furthermore, the bark and leaves of this tree are employed in traditional medicine as a febrifuge, aiding in the treatment of malaria.

To thrive, the Golden Chain tree prefers a humid climate, abundant sunlight, ample water, and well-drained, nutrient-rich soil.

Source:

Reference 

Plants of Singapore