The defender was expected to miss the remainder of the campaign when he broke and dislocated his ankle against Sunderland in September.
"Physically he is quite close to being back," Laudrup is quoted as saying by Football365.co.uk.
"He has trained with us for some weeks, but we all know match fitness is a different level and only by coming back will he get that.
"I am happy he's back and let's see when he can come in and make his comeback."
Swansea are in Premier League action on Saturday when they travel to Carrow Road to face Norwich City.