Perez, in his fourth season for Force India, could either stay where he is or can be a replacement for Felipe Massa, who came out of retirement to race this season. The Mexican has scored four out of the five podiums in Force India's history.
"I have two options to be quite frank but I don't want to comment too much on those. I am really close to signing the contract. But as I said, until it is not signed, it is pure speculation," said Perez, ahead of the Singapore Grand Prix this weekend.
"That was the case last year. I think it will be earlier than that."
The midfield team has enjoyed unprecedented success in the past 24 months. It finished fourth for the first time ever in 2016 and is currently sitting comfortably in the same position.
"Even in the position that I am in, a team that is fourth two years consecutive, I think next year it is going to be a massive challenge to keep that. Looking at the opportunities that are around, there is not really a seat in a top team or to move up the grid.
The top three teams - Mercedes, Ferrari and Red Bull, have already announced their line-up for the next season.
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