The world's first community of floating SeaPods is said to be located in Panama, and just days after its debut, the first pod, which is currently submerged at Colon's Linton Bay Marina, began to sink. The floating residence is reportedly valued Rs 12 crore. What Ocean Builders claimed are the first floating eco-restorative pod homes in the world have officially launched. Ocean Builders is a company that specialises in cutting-edge maritime technology. The floating home, which offers tourists a panoramic view of its surroundings, was recently visible to visitors for a few days before turning on its side and becoming half immersed in water during one of the inauguration ceremonies. Following the incident, SeaPod issued a statement claiming that a pumping system and ballast tank fault on our SeaPod led to submergence..