I have a good computer, with slightly better (edit: worse?) specs than what you wrote above.
I have never seen a compile of OXCE in 1:17 on any of my computers, on any of my operating systems, on any dev environments... and I tried many, as you can see in the compilation and cross-compilation guides.
Also just look at the github compile times, or compile times of other build farms that several other people have set up. None of them compiled it in such time.
I don't want to guess what you did "wrong"... maybe it was not a full compile, maybe it was incorrectly measured, I don't know...
edit: probably difference in cpu cores involved in compilation
Let's ask others what their times are... I don't have the strength or motivation to argue here...