WOTC - Is HDB flat a good investment?

I asked this question in the Wisdom of the Crowd:

Is a HDB flat a good investment?

Here are the responses: (61 Votes)

52 % - It should be treated as paying rental in advance, and not an investment.
44 % - It is a bad investment for the long term, as it will eventually have no value.
2 % - It is a good investment for the long term. 
2 % - It is a good investment for the first 30 years only.

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=1349