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Hello Sunghun Noh,
ModusToolbox uses makefile to build your project. The first build might take some time, but subsequent builds will be faster and it only builds files that have changed which is tracked by the makefile. ModusToolbox also provides the option of parallel builds which allows the makefile to spawn a set of parallel builds instead of compiling one file after the other. You can find this option by right clicking on the project and choosing properties.
By default "Enable parallel build" option should be set. And based on the number of cores in your system, the parallel jobs number can be set. If not enabled, please enable it.
You can find the System Requirements here: https://www.cypress.com/file/455216/download
Your laptop configuration meets the requirement, but you could upgrade the RAM and have better performance.