Yep. However take account that there's no Fusion being sold locally. In the future, who knows? Nissan is also putting out a refresh of their US market Altima soon too. Judging from the teaser pictures, it looks like the Sonata would have a competitor when it comes to sleekness. Then again, they just "introduced" the Altima to the Philippine markets so the next refresh of the current old Altima would be years years away..
Being a Sonata owner, I can give some first-hand feedback on my experience. The reason why I jumped on the purchase last year was basically due to the SRP difference. At the end, it's a tri-way between the Mazda6, Accord, and Sonata. I had a chance to compare the Accord and Sonata exterior-wise one day side-by-side in Fort High Street (coincidence much.. ) and the question was "is 'this' worth the 150k difference?". I answered "no" and the next thing I knew I was signing the check. Reliability? Take a trip to South Korea.
Camry was easily off the initial list since.. it's boring. The number of them out in the streets alone confirms it. If you're looking to blend in, I'd buy it in a snap. If you're commonly designated to the back seats, the Camry would rank quite high on your list.
The Accord is a behemoth. Biggest in the midsize category but driving it was easier than you'd initially judge. It's more athletic versus the Sonata on my experience and suspension was spot-on for me (My "ass" want: 60% firmness). If I wouldn't need the 100k, I'd say it's a top performer.
Mazda6 was on the list because... I'm the driver 99% of the time. Then again, it's too firm for my ass :naughty2: and that's coming from a former Mazda3 driver. In an analogy: I'm like sitting in a naked wooden stool on the Mazda3, the Mazda6 is like throwing a medium thin cushion over it, while the Camry is like sitting on my bed pillow. If price was a bit more competitive, it would have been on par with the Honda IMO.
Personally, I miss my Mazda3 razor sharp handling though I'd definitely don't miss how it takes me 11 seconds to get from 0-60mph. Sometimes, I wonder why I bought the Sonata rather than a 3.8 GC.. but at the end of a day while stuck in traffic at EDSA, I'd look at my speakers... and simply smile
EDIT: Webson's imported Sonata GDi costs 2M. 500k for 20 more ponies, dual exhaust tips, and other misc.-perks-that-I-forgot isn't really bang-per-buck. I'd visit Speedlabs first then pay a visit to Clifford Yap afterwards.