Based on your budget, the Altis 1.8 at RM116k. Is this the right comparison with Cerato 1.6L? Not Cerato 2.0L?

Please note, C-segment 1.6L is not that much difference from C-segment 1.8L as the 1.6L engine will need to rev more to move from idle. Both returns around 9.2km/L to 10km/L in 100% city jam traffic depends on how jam. 1.6L engine only wins in idle only FC. Cerato wins on gearbox maintenance as Altis is CVT.

If you go for Cerato, NASA after sales, only few good sub-franchised SC that do things fast. Others, you'll might take longer wait. Spare part wise, plenty as spare part suppliers outside already bring in bulk cheap parts. After warranty or confirmed the car is not defective, you can send to Korean car mates or trusted workshops with qualified engineers for service. Hyundai-Kia reliability & durability is good, better than other Japanese brands but behind Toyota. 

If you go for the new Altis, after sales and spare parts are fine but if there's any unexpected dispute like unusual defective wear & tear while under warranty, less likely you'll win against them should they want you to pay. Altis FC is good.

It's up to you which to choose. Go for Altis, it's newly launch, you'll get more attention. Go for Cerato, you'll get more package. If you're ok with Elantra 1.8, you should check that one too.

It's Dr. Jayraptor secret code. .lol

Let me give u short lesson while waiting for Choy San.

NASA = NAZA
Honta = Honda
N Brand = Nissan

Our Jayraptor afraid those companies will sue his pants off if he use the correct spelling,  while criticising their products, I wonder what had he possess apart from a 5 years old Forte EX 1.6 4AT which still have 4 years loan (he took max 9 years loan to buy that car in 2009)..lol