The 23-year-old has impressed in the Eredivisie since bagging a debut hat-trick for his side in 2012 against VVV-Venlo.
Locadia, who can also play out wide, has a record of 53 goals in 160 appearances for PSV and as such is rumoured to be on the radar of several major European clubs.
Speaking about his ambitions, the Netherlands star admits he'd love to play for Man United, and thinks he can do so if he follows in the footsteps of former teammate Georginio Wijnaldum.
"Manchester United is my dream, but via an intermediate step," Locadia told Dutch outlet NOS. "I like the path Georginio Wijnaldum has walked, from Newcastle United to Liverpool."