I've tried everything. I draw a new rounded rectangle and the options do not appear in the properties panel. Tried selecting with the path tool. Reset the Tool. Restarted Photoshop. Drew rounded rectangles over and over and over, and the options are literally never there. It always defaults to the mask options. I've never seen the options as they should appear, except in pictures like the one above and in Photoshop tutorials. Like an elusive dream. I was so excited to have Illustrator-like tools to work with, but this one is not working at all.
Using the direct selection tool to select the shape does let you access the properties again, but it would be nice if the properties were available when simply selecting the shape's layer. The properties are shown when you first create the shape (without having to directly select it, but only when you first make it).
I've noticed that selecting the shape with the Path tool does launch the Live Properties panel, but only if I've drawn the shape in the current session. Often I'll drag a shape from another session into the current one, and when I do that, nothing launches the Live Properties panel for that shape. Photoshop CC.
I am having this same issue. It is 2015 now you would think this would be solved by now! I am in the latest updated creative cloud. Working in photoshop, the property panel only shows the options when I first create a shape then the only thing I see in the property panel upon reselecting a shape is "no properties" it does not matter what tool (move, direct, etc) I select with or in which order or with keyboard commands held or not. Tried all the above tips and more. Nothing works. The only way I have been able to edit my shapes sizes is through edit/transform/scale and then painstakingly tweak with the mouse until the exact pixel count I am looking for shows and then don't breathe while I let go! So slow and frustrating!!! Has anyone found a better solution yet? Working on a big project with an already overdue deadline, this is not helping.