Cendol (Iced Malaysian Dessert)

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1. 1Step 1: Prepare an ice bath by placing ice into a large bowl filled with water.
2. 2Step 2: Combine all the cendol jelly ingredients in a medium saucepan. Turn on the heat to high, and stir the mixture with a spatula.
3. 3Step 3: Once the mixture starts to thicken, reduce the heat to low and continue to cook until it becomes a translucent paste. Cook for another 2 minutes.
4. 4Step 4: Remove the pan from heat and carefully transfer the paste to a potato ricer -- working in batches, squeeze the paste through the ricer over top of the ice bath, ensuring the 'cendol noodles' are submerged in the ice water.
5. 5Step 5: Leave the cendol in the ice water for 15 minutes.
6. 6Step 6: Drain the cendol and set aside in the refrigerator until ready to assemble.
7. 7Step 7: In a small saucepan, combine the palm sugar and water and heat until thickened, about 5 minutes.
8. 8Step 8: Transfer to a jar and let cool.
9. 9Step 9: To assemble, layer azuki red beans, yellow mung beans, cendol jellies, and crushed ice in a bowl or glass.
10. 10Step 10: Drizzle with coconut milk and sugar syrup.
11. 11Step 11: Serve immediately.