It has been a frustrating time of late for the France international, who has been sidelined by a hamstring injury since December 10.
The Magpies are currently just two points above the relegation zone, and Ben Arfa is vowing to "save" the club from the drop ... then head back to France.
Ben Arfa: "Signing for PSG would be a childhood dream. If there is a proposal, I will study it with interest. If there is a proposal. The "if" is important.
"PSG is a club that lives in my heart. To play would be a nice gift.
"I should be able to resume in mid-February. I heal from Monday to Friday at the medical centre at Clairefontaine.
"Morale is good because I'm in Paris with family. But when I see the (Newcastle) games on television, it is not easy. The team needs all players and it is almost relegation.
"I am under contract with Newcastle and I'm fine.
"First, I must save my club. I only think of that. I will help my team and my coach (manager Alan Pardew), with whom I get along great.
"We really want to fight for him. The fans are great too."