United approached Kandol and fellow striker Jermaine Beckford to re-negotiate their deals last month, despite the fact both players are tied to the club beyond the end of this season.
Kandol signed until June 2010 when he moved to Leeds from Barnet in January, while Beckford's contract runs until 2009, but they are set to be rewarded for their impressive goalscoring form this season.
Discussions are on-going, but Kandol said: "I don't see any reason for me to go anywhere. Things are working out well.
"Right now I think I've found the right club - a big club that's looking to move forward.
"If you had the choice, you'd always choose a club that was trying to win promotion, and trying to achieve things.
"This club looks after the players, and the manager does as well. I have an understanding with him (Dennis Wise), and that's the sort of thing that wants to make you stay.
"I don't want to go anywhere. I've moved around too much, and it's time to settle down. I want to get on with what I've got to do."