The 'Tropic Thunder' star is hopeful the follow-up to 2001's hit comedy, which was set in the competitive world of male modelling and also starred Owen Wilson, is not in the process.
"We have a script, as we've had for a little while, and it's not quite coming together right now but I hope it does. I would like to do it at some point in the future," femalefirst.co.uk quoted Stiller as saying.
SRK-Gauri anniversary: B-Town stars and their non-filmi better halves
Birthday special: Popular mothers and daughters in Bollywood
Spotted: 'Kaabil' star Hrithik Roshan with dad Rakesh Roshan
'Rock On 2' trailer launch: Farhan, Shraddha enthrall audience with live gig
Photos: Deepika Padukone, Sushmita Sen with daughters at Mumbai airport