No, because a developer depends on bank financing ánd selling enough units – both of which are unsure.
If a developer can’t sell enough units, the project will slow down and your money may be stuck for a long time.
Even when the project you invested in sells well, the developer may have problems in other projects.
So… why subject yourself to the developer’s risk when you have your financing totally secured?
Also – developers are more interested in a quick sale than in long-term profit and quality. It’s safer to do a build-to-rent project where all qualities are designed for long term value.