It's kind of interesting that there have been a number of questions regarding new construction as investments. As a general rule, they are less likely to be good "investments" over the short term. It might be because purchasing something that is move-in ready with all the modern amenities is very appealing to the consumer. But too many people have that same idea, buy things at pre-construction prices with the idea of flipping within a very short period of time. BUT - Mike is essentially correct. You can have too many units dumped on the market at one time. Buying something that is'nt quite so shiny new, but in the same neighborhood yields far better results. It's also better to not to buy at the top of the food chain. Buying a more modest unit in the same geographic area is a better bet because its value will rise as the new price points offered at the Ritz Carlton sink in and lift all boats in the area.
The posters here have generally offered sound advice. No one is saying "buy, buy, buy!" It's advice all potential investors should heed.