Step 1: Cook palm sugar with water and pandan knot on medium low heat until melted.
Step 2: Let the sugar syrup continue to cook until the whole surface is very bubbly, it may take about 3-5 minutes for the syrup to slowly reduce.
Step 3: Pour in coconut milk and salt, stirring or swirling the pot all the while. Then bring the sauce back to a boil, and let it simmer for 1 minute.
Step 4: Strain sauce and serve with dumplings or any other kuih you may prefer.